Google eyes 5% stake in Vodafone Idea


Published On: Thursday, May 28, 2020 | By:

Google eyes 5% stake in Vodafone Idea

Global technology giant Google is in talks to buy a 5 percent stake in Vodafone Idea Ltd, a company owned by Vodafone PLC of UK and Aditya Birla group. It is reported that Google parent firm, Alphabet had also held talks about acquiring a stake in Reliance Jio – owned by Reliance Industries but has lagged behind other investors like Facebook in securing a deal. By buying a stake in Vodafone Idea, Google would pit against Facebook and an increasingly dominant Jio, but the company could also make multiple investments in India.

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