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Google explores 5% stake in struggling Vodafone Idea: Report
TIWN
TIWN
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New Delhi, May 28 (TIWN) In what could alter the Indian telecom scenario, Google is reportedly exploring to buy a 5 per cent stake in financially-stressed Vodafone Idea, a move that would not only pit Sundar Pichai-led tech giant against Facebook which has poured in Rs 43,574 crore for 9.99 per cent stake in Reliance-led Jio Platforms but also help struggling Vodafone stand up in the world's fastest growing mobile market.
According to a report in the Financial Times on Thursday, people familiar with the matter said Google is exploring an investment in Vodafone's struggling India business.
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