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Google to invest USD 1 bn in Airtel; to buy 1.28% stake for USD 700 mn

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Google to invest up to $ 1 billion in Airtel, including $ 700 million for 1.28% ownership in telecom major

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.
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Google to invest $1 billion in Airtel; pick up 1.28% stake for $700 million

Google made the investment in Airtel as part of its Google for India Digitization Fund. ....

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airtel: Google takes small stake in Airtel: This is what Sunil Bharti Mittal and Sundar Pichai have to say about the deal

airtel: Google takes small stake in Airtel: This is what Sunil Bharti Mittal and Sundar Pichai have to say about the deal
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