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Microsoft, Google eye India telecom investments
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Published onMay 28, 2020
published onMay 28, 2020
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India’s telecom industry is becoming a new hotbed for American tech firm investment opportunities as of late, withFacebook recently acquiring a close to 10% stakein Reliance Jio Platforms and Apple pushing hard with its “low cost” iPhone offerings over the years.
Now it seems bothMicrosoft and Google are interested in joining the fraywith investment opportunities of their own, with the former interested in a 5% stake in India’s largest telecom operator Vodafone and the latter wanting a $2 billion dollar piece of Reliance Jio Platforms as well.
Corroborating the accounts areIndia publication liveMintand theFinancial Timeswhich reports that before moving ahead with Vodafone, Google was also in talks with Reliance Jio Platforms which has raised $10.3 billion in a matter of weeks despite only being in the market for a little over 3 1/2 years.
As for Microsoft’s latest intentions, industry gossip places the company’s interest at a little over a month now, and despite not having a traditional mobile offering, the company seems to be still eyeing some sort of play for the potential 600 million user base India telecoms have access to.
Both Google and Facebook appear to be going after the low-end connectivity markets of India with Microsoft already having established a foothold with a partnership with Reliance Jio to “subsidize Office 365 cost to millions of small businesses in the region.
Microsoft’s new investment interest may be looking to expand its existing partnership and perhaps nothing to do with smartphones, mobile devices, or direct telecommunications platforms, but rather offering the cloud infrastructure to power those experiences for years.
Kareem Anderson
Networking & Security Specialist
Kareem is a journalist from the bay area, now living in Florida. His passion for technology and content creation drives are unmatched, driving him to create well-researched articles and incredible YouTube videos.
He is always on the lookout for everything new about Microsoft, focusing on making easy-to-understand content and breaking down complex topics related to networking, Azure, cloud computing, and security.
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Kareem Anderson
Networking & Security Specialist
He is a journalist from the bay area, now living in Florida. He breaks down complex topics related to networking, Azure, cloud computing, and security