India overhauled its telecom regulatory system in June 2026 — replacing the old complex licence regime with a simpler unified authorisation framework under the Telecommunications Act 2023. Impact: Jio’s JioSat satellite broadband launch faster, Airtel’s OneWeb integration simpler, Starlink rollout accelerated. Beneficial for Vi (lower compliance burden), new entrants (lower barrier) and telecom stocks. Full impact analysis on Jio, Airtel, BSNL and telecom sector stocks.