Technology8/18/2025Bloomberg

Starlink Urges Change to South African Black Ownership Rules

Starlink Urges Change to South African Black Ownership Rules

SpaceX, the company founded by Elon Musk, has requested that South Africa reconsider its Black ownership rules for telecommunications companies operating in the country. The current regulations require telecom firms to have a minimum of 30% Black ownership, which SpaceX believes may pose challenges for its Starlink satellite internet service as it seeks to expand in the region. SpaceX argues that the Black ownership requirement could hinder its ability to provide affordable and accessible internet services to South African citizens. The company suggests that alternative approaches, such as focusing on increasing internet access and affordability, may be more effective in achieving the government's goals. The issue highlights the ongoing debate around diversity and inclusion in the tech industry, as well as the challenges faced by international companies in navigating local regulatory frameworks. The South African government is yet to respond to SpaceX's request, but the outcome of this discussion may have broader implications for the country's telecom landscape.

Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.

Source: BloombergAI-generated summary
Content is AI-generated for summary purposes only
Share:

Related Articles

Intel shares jump as Softbank to buy $2bn stake in chip giant
💻 Technology6h ago1 min read

Intel shares jump as Softbank to buy $2bn stake in chip giant

Content is AI-generated for summary purposes only
New iOS 26 Public Beta 4 Gets Us One Step Closer to the Final iPhone Release
💻 Technology7h ago1 min read

New iOS 26 Public Beta 4 Gets Us One Step Closer to the Final iPhone Release

Content is AI-generated for summary purposes only
SoftBank makes $2B investment in Intel
💻 Technology7h ago1 min read

SoftBank makes $2B investment in Intel

Content is AI-generated for summary purposes only
Brazil Pushes Back Against US Probe Into Its Trade Practices
💻 Technology8h ago1 min read

Brazil Pushes Back Against US Probe Into Its Trade Practices

Content is AI-generated for summary purposes only
Trump Administration Discusses Taking 10% Stake in Intel
💻 Technology8h ago1 min read

Trump Administration Discusses Taking 10% Stake in Intel

Content is AI-generated for summary purposes only
Another Crypto IPO Hits the Market and Most People Still Have No Idea What Crypto Is
💻 Technology8h ago1 min read

Another Crypto IPO Hits the Market and Most People Still Have No Idea What Crypto Is

Content is AI-generated for summary purposes only