Google to invest $1 bn in Airtel
Business Standard|January 29, 2022
Will set aside $300 mn for potential investment in areas like smartphone access and cloud
ANEESH PHADNIS
Google to invest $1 bn in Airtel

Google will invest up to $1 billion in Bharti Airtel through a mix of equity and commerJ ai cial partnerships in areas like affordable smartphones, networks, and cloud. This is the tech giant's second investment in an Indian telecom service provider (after Reliance Jio) and is part of its $10-billion India digitisation fund.

Discussion between the two companies had been going on since the first half of 2021 and culminated in an announcement on Friday.

This story is from the January 29, 2022 edition of Business Standard.

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This story is from the January 29, 2022 edition of Business Standard.

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