Bharti Airtel and Google have launched long-term cooperation to help India’s digital ecosystem grow faster.
Highlights:
Bharti Airtel and Google have launched long-term cooperation to help India’s digital ecosystem grow faster.
Google would spend $1 billion in Airtel as part of the agreement. Google would invest USD 700 million to acquire a 1.28 percent interest in Bharti Airtel Ltd.
The remaining USD 300 million will be used to fund multi-year commercial agreements with Airtel, including products developed in collaboration between the two tech giants.