Google to invest $1 billion in Bharti Airtel: Details

As a part of its big India push, American internet giant Google is set to invest up to $1 billion in partnership with Indian telecom company Bharti Airtel. The deal includes a $700 million equity investment in Delhi-based Bharti Airtel for a 1.28 percent stake. Additionally, the deal entails up to $300 million towards potential multi-year commercial agreements.

Previously, Google has also invested in telecom company’s rival Reliance Jio a sum of $4.5 billion.

Airtel and Google, as a part of its first commercial agreement, will work together to build on Airtel’s offerings that cover a range of Android-enabled devices to consumers via innovative affordability programs.

Significantly, Google has had major investments in various Indian companies like Dunzo, Dailyhunt, Slang labs, and DotPe throughout 2021.

Also Read: Microsoft mitigates record-breaking 3.47 Tbps DDoS attack

Latest Articles

Airtel launches Wynk Studio

Music is the one gift of nature that stirs...

Apple ramps up Studio Deal

Apple has been the number one tech giant for...

Google Pixel 6 series gets new update

Despite a global pandemic, it doesn’t stop these big...

Google Meet Live Boosts User Interaction

Nowadays it has become quite easy to chat online...

Xiaomi 12T, Xiaomi 12T Pro Details Leaked

Whenever a new device is set for launch in...
spot_img

Subscribe

CATEGORIES

spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here