Can Starlink fly in Indonesia?

More: Apple to open its first store in Malaysia while Kevin O'Leary eyes TikTok US acquisition. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - Starlink facing an [uphill battle]( in Indonesia's internet market - Turno from India raises US$6 million - Other newsy highlights such as Kevin O'Leary looking to acquire TikTok as well as Apple entering Malaysia --------------------------------------------------------------- Hello {NAME} My dad owns quite a bit of farm land near our village. That's how we ended up having a cool farmhouse surrounded by trees and animals. When I joined Tech in Asia last year, I really wanted to set up my own office there since most of the team works remotely. But the signal on my mobile phone is so weak there, that thinking about getting broadband was just silly. I really wished India had something like Starlink back then. So, when I heard that Indonesia was getting the SpaceX-developed satellite network, I was excited. The country’s geography and demographics are so similar to India's. But there's a catch. In Indonesia, the average monthly salary is between US$137 to US$325, and Starlink's hardware costs US$487, not to mention the monthly charge of over US$47. That's what our Big Story is all about today, along with the other challenges Starlink might face in Indonesia. -- Lokesh  ---------------------------------------------------------------  THE BIG STORY [Why Elon Musk’s Starlink won’t get an easy pass in Indonesia]( While local internet service providers don’t feel threatened by Starlink’s expansion beyond rural areas, concerns of unfair competition linger. --------------------------------------------------------------- TRENDING NEWS [B Capital co-leads $6m round in Indian EV battery buyback firm]( Turno offers to buy back used EV batteries of customers within three years of when the vehicle is sold and then refurbishes and resells them. [‘Shark Tank’ judge eyes TikTok acquisition through crowdfunding]( Kevin O’Leary’s initial bid for TikTok is estimated to be between US$20 billion to US$30 billion. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [The hidden alliances between Southeast Asia’s VCs, uncovered]( We've visualized an intricate web of relationships among Southeast Asia’s VCs, using deal data in the past two years. --------------------------------------------------------------- TECH IN ASIA X AIRWALLEX STARTUP NIGHT ON JUNE 19 Don't just dream of startup success, build it Tired of being stuck in the same old routine? Tech in Asia x Airwallex Startup Night is shaking things up with an exclusive launch party and networking mixer! Expect a vibrant mix of entrepreneurs, industry disruptors, and fellow founders who dare to dream bigger. Forge connections that matter and unlock secrets to accelerate your startup growth. 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