Tag Archives: 1bn

Google to invest $1bn in India’s number two mobile operator | Telecommunications News

Google to invest bn in India’s number two mobile operator | Telecommunications News

Google partners with Bharti Airtel to provide affordable access to smartphones to a billion Indians and speed up use of cloud-based computing. Google will invest up to $1bn in India’s second-largest mobile operator, the two companies say, as the Android-maker looks to bolster its presence in the vast nation’s booming telecoms market. The global tech giant will buy a $700m stake in billionaire Sunil Mittal’s Bharti Airtel, giving it 1.28 percent ownership, the firms said in a joint… Source link

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Google in $1bn deal to buy Central Saint Giles offices in London | Google

Google in bn deal to buy Central Saint Giles offices in London | Google

Google has announced a $1bn (£871m) deal to buy the London development Central Saint Giles, calling the move a show of confidence in the return to more office working. The US tech firm currently rents space in the brightly coloured development designed by the architect Renzo Piano, which is located in the centre of the capital, near Oxford Street. The building – with its distinctive red, green, orange and yellow facade – includes 408,000 sq ft (38,000 sq metres) of office space, as well… Source link

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Yandex buys out Uber from joint ventures in $1bn deal

Yandex buys out Uber from joint ventures in bn deal

Russian IT giant Yandex said on Tuesday it had reached a $1 billion (€0.85bn) deal to buy out ride-hailing service Uber from several joint ventures, squeezing the US company out of ex-Soviet markets. Under the deal, Yandex will buy Uber’s stake in their shared food delivery operations and a business that develops self-driving vehicles, gaining 100 per cent ownership. Yandex will also increase to 71 per cent its stake in transport ventures with Uber – including taxi and car-sharing… Source link

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