Why Did Google Invest In Bharti Airtel?
Tech giant splashes out Rs 5,220 crore to buy 1.2% of Bharti Airtel. Here's why.
Source: ndtv.com
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Google acquires 1.28% stake in Airtel, invests up to $1 bn
The $700 million equity investment in Bharti Airtel is at a price per share of Rs 734, while $300 million will go towards investments in scaling Airtel's offerings that covers a range of devices to consumers.
Source: ibtimes.co.in
Google to Invest $1 billion in Airtel; To Buy 1.28% Stake for $700 million
Google made the investment as part of its India Digitization Fund, which CEO Sundar Pichai had announced in July 2020 to help accelerate India's digital economy.
Source: thewire.in
Google to invest $1 bn in India's number two mobile operator
MUMBAI - Google will invest up to $1 billion in India's second-largest mobile operator, Airtel, the companies said Friday, as the Android-maker looks to bolster its presence in the vast nation's booming telecoms market.
Source: bangkokpost.com
Google to invest $1 bn in Airtel | The Daily Star
Google will invest up to $1 billion in India's second-largest mobile operator, Airtel, the companies said on Friday. The global tech giant will buy a $700 million stake in billionaire Sunil Mittal's Bharti Airtel, giving it 1.28 per cent ownership, the firms said in a joint statement.
Source: thedailystar.net