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 stock was trading at ₹1,689.95 on March 12. Despite weak market sentiments, Airtel stock has rallied over 5 per cent on NSE.

Shares of Bharti Airtel Ltd gained over 3% intraday after the telecom operator announced an agreement with Elon Musk's SpaceX to bring Starlink's high-speed internet to India. The collaboration would explore opportunities and is pending regulatory authorisations.