Google partners with Airtel: How will it affect ordinary people?
Alphabet’s Google is the stalwart search engine around the globe. Airtel is the cardinal telecom service provider in India.
Finally, Google partners with Airtel in a big move on Thursday. The two giants attribute the aim of their partnership to reducing digital divide in India.
In the last few decades, India’s digital ecosystem has progressed significantly. However, 340 million population in India is still a feature phone user.
Currently, Airtel has tested 5G network in Hyderabad and Kolkata. Moreover, it has partnered with other giants like Qualcomm and Intel. Now, Google partners with Airtel.
Highlights of the deal:
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- Google finalises investing a whopping $1 billion in Airtel.
- Thus, the partnership is signed as multiyear partnership.
- Out of $1 billion, $700 million will be an equity investment in Airtel. At the share value of Airtel, Rs 734.
- As per revelations, Airtel will use another $300 million to penetrate smartphones across the demography of India.
Reasons why Google partners with Airtel:
- Conclusively, one of their objectives is to promote a 5G network prepared environment.
- Also that, India’s 1.3 billion population will be helpful to Google as it seeks to increase the footprint on Internet.
- Lastly, Airtel will introduce affordable smartphones.
What does the partnership mean for you?
- With the introduction of remote working and studying culture, improved accessibility, affordability of smartphones will help in eradicating digital divide. It will help bolster digitally inclusive environment.
- Currently, India serves over one million MSMEs, they will find themselves in a better position with the deal at issue. Businesses are likely to witness benefits of the deal.
