Current Affairs Exam

Google To Invest $1 Billion In Airtel

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.

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