Google to invest up to $1b in India's Bharti Airtel

Photo: Bloomberg

Alphabet Inc’s Google will invest up to $1 billion in India’s Bharti Airtel as the U.S. technology giant expands its hold in India, sending shares of the telecom operator as much as 6.6% higher on Friday.

The investment is part of Google’s plans announced under two years ago to infuse $10 billion in India via its digitisation fund over five to seven years through equity deals and tie-ups.

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