Google Might Team Up with Vodafone Idea to Pit Against Facebook-Jio Behemoth
Google is planning to buy 5 % stake in Vodafone Idea, which is jointly owned by Vodafone Plc and Aditya Birla. As reported by IANS, a 5 % stake in Vodafone Idea will help Google to compete with Facebook, which…
It is a very good news for Vodafone Idea. In our locality, Vodafone is the best for data speed as they have completed their network integration.
Facebook vs Google. One spy competing with the other spy. Let's see which of those spies wins!
With big foreign entrants like Google, FB becoming stake holders, we need to keep strict vigilance & a strict standard on privacy, security violations on citizen's rights. The Chinese pandora's box of ulterior motives is out in the open but these chaps are way more dangerous.
Vodafone Idea does not have the network to become a serious digital competitor to Jio or Airtel. So in addition to settling the obscenely high debt and paying AGR dues, it needs billions in network investment to become competitive.
Google can buy the whole Vodafone Idea for hardly anything from the bankers via bankruptcy. Buying a 5% stake in a nearly dead, heavily indebted and loss making firm makes no sense. The company is basically worth zero now.
I find it hilarious that people downvoted your comment. Are these people living in fantasy land or something? Even the gifs they send each other is now fully owned by Google and Facebook. LOL. Without ever using ANY google or FB product, they will still spy on you.
This is rumours and nothing else. Firstly if Google has to pick up stake it will have to be at Enterprise value and not at market cap. 5% market cap will give only 1000 crore at current price which is peanut for voda idea debt and for Google too. Plus therr r better bet which is Airtel to invest rather sinking ship voda idea which doest have any edge over other operators
True. Crazy folks don't understand the reality today. It's funny how the US accuses Huawei of spying when their own in house US companies are the biggest spies on the planet.
Somehow there seems to be an "eye in the sky" that literally knows what you're eating, drinking, shitting, etc. You can't escape it sadly. That's our reality. It seems like the Matrix was a documentary!
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