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Google to invest USD 1 bn in Airtel; to buy 1.28 pc stake for USD 700 mn - Jammu Kashmir Latest News | Tourism

NEW DELHI, Jan 28: Internet major Google will invest USD 1 billion in telecom major Bharti Airtel which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years. Google made the investment as part of its Google for India Digitization Fund. “This will comprise- USD 700 million equity investment in Bharti Airtel at a price per share of Rs 734,” Airtel said [&hellip...
Bharti Airtel India Digitization Fund India Digitization

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Google invests USD 1 bn in Bharti Airtel

Google will invest as much as USD 1 billion in Bharti Airtel in picking up a 1.28 per cent stake and in scaling up offerings of India’s second-largest mobile phone operator, the telecom major said on Friday.Alphabet Inc’s Google will pay USD 700 million (Rs 734 per share) for a 1.28 per cent stake in […]
Bharti Airtel Mukesh Ambani Jio Sunil Bharti Mittal Sundar Pichai Google International Bharti Airtel Ltd

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