Google to invest in Bharti Airtel, picking up 1.28% stake
Google will invest up to $1 billion in a partnership with Airtel as part of its Google for India Digitization Fund.
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Google will invest up to $1 billion in a partnership with Airtel as part of its Google for India Digitization Fund.
Bharti Airtel, one of India’s communications solutions providers, and Google announced that they will partner on a long-term, multi-year agreement to...
Google invests $ 1 billion in Airtel as it looks to provide affordable smartphones, aid its 5G rollout, and drive cloud adoption.
As part of the deal Google will invest USD 700 million to acquire 1 28 per cent stake in Bharti Airtel at a rate of Rs 734 per share The US headquartered technology giant will also invest USD 300 million toward potential multi year commercial agreements
Bharti Airtel and Google on Friday announced a multi-year agreement to boost India's digital ecosystem, with Sundar Pichai-led tech giant investing $700 million to acquire 1.28 per cent ownership in Airtel and up to $300 million toward commercial agreements.