Alphabet’s Google is exploring an investment in Vodafone Group Plc’s struggling India business, the Financial Times reported on Thursday, citing people familiar with the matter.
Vodafone said it does not comment on market speculation, while Google did not immediately respond to a request for comment.
Last month, Facebook agreed to invest $5.7 billion (Rs 43,574 crores) for a 9.99 percent stake in Reliance Industries’ digital arm, Jio, which competes with Vodafone Idea and Bharti Airtel in India’s fiercely competitive telecom market.
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