Google Eyeing Stake In Vodafone Idea

Update:

Vodafone Idea has responded to the report and the telecom operators said that there is no proposal like this in front of the board at this moment of time.

Update ends

Original post

Key Points:

• It is reported that Google is eyeing to purchase a stake in Vodafone Idea.
• The Mountain View company may grab 5% of share.
• There is no confirmation from the official end.=

After the social networking giant Facebook, now Google is all set to step into the telecom industry, as we got a new piece of information which suggests Google’s Parent company Alphabet is eyeing in the market of India to purchase a stake from the very popular telecom operator – Vodafone Idea.

It is reported that the Mountain View company Google is planning to purchase a stake from Vodafone Idea in India and the company is planning to buy a 5% of share from the popular telecom operator, it is also said that the source obtained the information from a person who is very close to the matter and the talk is in the early stage.

Having said that, both Google and Vodafone Idea didn’t respond about the same but we expect that we can able to hear more about the same in the coming days.

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