Friday, May 29, 2020

Google mulling stake in Vodafone Idea positive but inadequate to solve telcos' debt woes: Analysts

Alphabet Inc's Google is said to be eyeing about 5 per cent stake in VIL, the Financial Times had reported on Thursday. Such an investment in VIL will pit the search giant against Facebook which has picked up a stake in Jio Platforms, the firm that houses India's youngest but biggest telecom company - Reliance Jio.

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