Bharti Airtel : Preferential issue | MarketScreener
January 28, 2022 National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Bandra Kurla Complex, Bandra ... | January 28, 2022
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January 28, 2022 National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Bandra Kurla Complex, Bandra ... | January 28, 2022
Google to invest up to $1 bn in Bharti Airtel; stock price up
Tech giant Google will invest up to $ 1 billion in telecom services provider Airtel in a deal that includes investment of $ 700 million to acquire 1.28% ownership in the Indian company and up to $ 300 million toward potential multi-year commercial agreements.
Airtel has stated that it will use up Google’s investment to explore the affordable smartphone market, and this could mean better smartphone bundles for customers.
India's No. 2 mobile-phone operator Bharti Airtel announced that it will receive a US$ 1 billion investment from Google as part of its Google for India Digitization Fund.