Frog Cellsat Limited — Important, 20-03-2025: Updates

Frog Cellsat Limited addresses recent inquiries regarding the potential impact of Starlink Services in India. Starlink is a satellite-based broadband service known for its global connectivity, providing internet access in remote areas. While it offers distinct advantages over traditional ISPs, including uninterrupted service due to its satellite nature, the higher costs—often more than double standard fiber connections—could limit its market appeal.

The company anticipates minimal competition from Starlink, as its operations cater to a niche market, specifically not overlapping with Frog Cellsat's focus on mobile operators and networks. Importantly, Frog Cellsat's business remains unaffected since it does not operate within the ISP or broadband domain and does not generate revenue from these sectors. Therefore, the launch of Starlink in India is not expected to impact Frog Cellsat’s operations or financial performance. This represents a positive outlook for the company as it continues to focus on its core business.