Google to invest up to $1 billion in Indian telecom operator Airtel

Google to invest up to $1 billion in Indian telecom operator Airtel

2 years ago
Anonymous $dEyjbtEkMr

https://techcrunch.com/2022/01/27/google-airtel-india/

Google will invest $700 million in Indian telecom operator Airtel, the latest in a series of bets the company has made in the world’s second largest internet market as part of a $10 billion commitment to the country.

Google said it will invest $700 million to acquire a 1.28% stake in Airtel, the second largest telecom operator in India with over 300 million subscribers, and pour up to $300 million more to explore multi-year commercial agreements with the telco.

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