Google to invest USD 1 bn in Airtel; to buy 1.28 pc stake for USD 700 mn

Google to invest USD 1 bn in Airtel; to buy 1.28 pc stake for USD 700 mn

Internet giant Google will invest USD 1 billion in telecom major Bharti Airtel which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years.