Tom Grater International Film ReporterGoogle has reached an agreement to purchase a 7.73% stake in Indian telecommunications giant Jio Platforms, a subsidiary of Reliance Jio, for $4.5B, pending regulatory review.The move marks the company’s first investment as part of its $10B Google for India Digitization Fund, which was announced earlier this week as an endeavor to boost digital growth on the subcontinent.The news was confirmed by Google/Alphabet CEO Sundar Pichai on Twitter:Everyone should have access to the internet.
Proud to partner with @reliancejio to increase access for the hundreds of millions in India who don’t own a smartphone with our 1st investment of $4.5B from the #GoogleForIndia Digitization Fund.https://t.co/1fP8iBZQfm—.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.