Google’s plan is to have 5% of the shares in Vodafone, Idea, Ltd.

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Google is exploring the idea of picking up stake in Vodafone and Idea, is Limited. The search engine giant is said to be considering the purchase of a 5 per cent stake in Vodafone is facing in India business. Vodafone’s Idea of Limited co-operation between the UK’s Vodafone and India’s Aditya Birla Group. Since the launch of Reliance Jio, in 2016, both companies are struggling, which led to the merger. In the discussion, it was stated that it is in a very early stage. Also Read – Google-Pixel-4 or XL-leak shows cancelled in the smartphone from all angles

According to the According To The Financial TimesGoogle’s move could pit the search giant against the Facebook’s of the world’s fastest-growing mobile phone market. Jio-Platform, the subsidiary of Reliance Industries, has witnessed an intense interest in the past few weeks. It has brought in more than $10 billion in investment from Facebook, KKR, General Atlantic, to Vista Equity Partners, and Silver Lake. It is also said to be in discussions with Microsoft, Twitter, and Mubadala, and others. Also Read: Google testing voice-to make payment on the basis of the position Assistant to the

FT is reporting that Google has also held talks with Jio, but it has a disadvantage compared to its competitors in securing a deal. With an investment of Vodafone and Idea Limited (VIL), Google will provide a much-needed boost for the struggling mobile player. Analysts see the investment as a lifeline for the INSTITUTE to continue operations in the country. The report also notes how the Silicon Valley is now looking for a foothold in India, where the telecom operators have hundreds of millions of viewers. Also Read – Google-to-Pay, adds UPI is charging, the option for FASTag users, Here is how to link the account to load

Google, which dominates all of the indian mobile phone market with the Android operating system. It does, however, have to deliver a version designed for emerging markets with cheaper devices. With the approval of the authority, payments in – Google-to-Pay – the achievement of a critical mass, Google is on the lookout for more investment in the market. With anti-chinese sentiment, the US-based tech giant was able to easily sweep to investment in India’s telecom market.

The government’s tightened restrictions on Chinese foreign direct investment in the past few months. With the market in China is becoming less and less viable, the US, technology companies and private equity investors are looking at Indian companies, as well as a chance. While at the INSTITUTE, and Bharti Airtel has come under pressure from Reliance Jio, and their fortunes have lately improved. After the three players have increased the prices of the previous year, the playing field has been raised. With a fresh investment from Google, SKIN it can be held back.





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