Google will invest up to US$1 billion in a partnership with Bharti Airtel. The agreement includes an investment of US$700 million to acquire 1.28% ownership in Airtel and up to US$300 million toward potential multi-year commercial agreements.
The companies will focus on India-specific network domain use cases for 5G and other standards. Airtel is already using Google’s 5G-ready Evolved Packet Core & Software Defined Network platforms, and plans to explore scaling up the deployment of Google’s network virtualisation solutions to deliver a superior network experience to their customers.
Sunil Bharti Mittal, Chairman of Bharti Airtel said, “Airtel and Google share the vision to grow India’s digital dividend through innovative products. With our future ready network, digital platforms, last mile distribution and payments ecosystem, we look forward to working closely with Google to increase the depth and breadth of India’s digital ecosystem.”