Bharti Airtel Ltd. announced a pact with Elon Musk’s SpaceX to bring Starlink Inc.’s satellite internet services to the world’s most-populous nation, intensifying the fight for market share with Mukesh Ambani-owned Reliance Jio Infocomm Ltd.

Indian telecom operator Bharti Airtel says it has signed a deal with Elon Musk’s Starlink to explore providing the U.S. satellite internet giant’s services to customers in India, depending on government approval.

Bharti Airtel rose as much as 3.37 per cent to hit an intraday high of Rs 1717.25 per share, while RIL share gained up to 1.13 per cent to hit an intraday high of Rs 1,261.55