
Elon Musk’s Starlink has been authorised to provide satellite internet services in the Philippines, paving the way for the SpaceX unit’s expansion to Southeast Asia. Shares of possible partners rose.
The Philippine National Telecommunications Commission (NTC) said it approved Starlink’s registration as a value-added service provider, according to a statement on Friday. This would allow Starlink to directly access satellite systems, and to build and operate broadband facilities.