Sunday, 29 May 2022

Google lines up $1bn investment in Bharti Airtel

by Harry Baldock, Total Telecom
Friday 28 January 22

The tech giant will acquire a 1.28% stake in the company for $700 million, with up to an additional $300 million being invested in joint commercial opportunities

Back in 2020, Google announced plans to invest $10 billion in India over the next five-to-seven years, via the newly created the Google for India Digitization Fund.  At the time, Google noted that the investments would be a mix of equity acquisitions, partnerships, and operational and infrastructure deals, with a focus on helping provide Indian customers with services meeting their unique needs. Just a few months after launch, the India Digitization Fund made its first major investment…

Back in 2020, Google announced plans to invest $10 billion in India over the next five-to-seven years, via the newly created the Google for India Digitization Fund.  At the time, Google noted that the investments would be a mix of equity acquisitions, partnerships, and operational and infrastructure deals, with a focus on helping provide Indian customers with services meeting their unique needs. Just a few months after launch, the India Digitization Fund made its first major investment…

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