Google considering taking stake in Vodafone Idea: Report

Google’s parent company Alphabet Inc is also looking to buy some stake in Vodafone Idea’s rival Reliance Jio Infocomm, the newspaper reported. Global internet giant Google is looking to buy up to 5 per cent stake in debt-laden Vodafone Idea, the Financial Times reported Thursday. Google’s parent company Alphabet Inc is also looking to buy some stake in Vodafone Idea’s rival Reliance Jio Infocomm, the newspaper reported, without providing details. The report comes almost a month after social media giant Facebook picked up 9.9 per cent stake for Rs 43,574…

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Idea, Vodafone India Announce Merger, To Be Biggest Telecom Operator In India

The combined entity of Vodafone India and Idea Cellular will have around 40 crore customers. Idea Cellular and the Indian unit of British telecom company Vodafone today announced a merger, creating the country’s largest telecom operator. The merger of Vodafone India (the second largest telecom operator in India) and Number 3 player Idea Cellular will create India’s largest telecom operator with around 40 crore customers or nearly one in every three customers in the country. The combined entity of Aditya Birla group’s Idea Cellular and Vodafone India will have the…

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