Google now in talks to make large investments in Airtel

After its more than Rs 34,000 crore investment in Mukesh Ambani’s Reliance Jio Platforms, American internet giant Alphabet Inc’s Google could well be on its way to making “substantial investments, running into several thousands of crores of rupees”, into Bharti Airtel, Jio’s main rival. The Sundar Pichai-led company is in “advanced stage of negotiations” with Airtel for the “past nearly one year”, and the deal size could be “substantially large”, top sources have said.

from Times of India https://ift.tt/3BiZD9T
After its more than Rs 34,000 crore investment in Mukesh Ambani’s Reliance Jio Platforms, American internet giant Alphabet Inc’s Google could well be on its way to making “substantial investments, running into several thousands of crores of rupees”, into Bharti Airtel, Jio’s main rival. The Sundar Pichai-led company is in “advanced stage of negotiations” with Airtel for the “past nearly one year”, and the deal size could be “substantially large”, top sources have said. https://ift.tt/eA8V8J August 28, 2021 at 01:51AM https://ift.tt/2hJjhqE