Vodafone-Idea gets a major founder, Google places a mark on the venture

Vodafone-Idea gets a major founder, Google places a mark on the venture


A positive thing for Vodafone Idea, burdened with the New Delhi AGR dues, has come out. The tech giant is considering investing in Google’s Vodafone Concept according to the Financial Times article. Recently ,  Facebook has purchased 10 per cent of Jio ‘s stake and is making rapid mobile market progress. Bearing this in mind, by investing in Vodafone, Google also wants to establish its reach in that market.

According to Google’s study, Google will buy 5 per cent of Vodafone Idea shares. In India, UK-based Vodafone has undergone a protracted poor financial situation. After the Supreme Court order on AGR dues the financial condition of the company became more critical. Increasingly, its customers adopt other telecom services.

AGR rules unpaid of 58,254 crore Vodafone Idea owes AGR 58,254 crore to be made in 10 minutes from today. The business has racked up 6854 crores so far. Recently, Aditya Birla had claimed explicitly on the order of the Supreme Court that if the government does not get support, then under pressure he would have to shut down the company. Microsoft will now invest $2bn in Jio as Voda-Id

Jason Amato

Jason had joined DailyHover.com since 2015. Along with being the chief editor of the company, he scripts an exclusive series of news reports. It is like, writing truthful and non-biased news has become an integral part of his life. The publishing relies on Jason, who offers transparency to news reporting and journalism ethics. He has a decade long taste of media industry and reporting. Those aspects assist Jason’s expertise in writing new from Business and Health sectors. The titles include reports related to companies like Tesla, Uber, Amazon, Apple, Samsung, Alibaba etc. He has also focused on the latest happenings, discoveries, and studies taking place in the health sector. You can get him in touch with at

Leave a Reply

Your email address will not be published. Required fields are marked *