Google has made a huge investment for the Jio operator This investment in the India-based operator shows that Google is targeting the Indian market.
Provided support for Google Jio operator
The Asian region is among the focus of technology giants due to its population density. Google, which has been looking to increase its work in the Asian market for a while, has taken an important step in this direction.
In India, which has a population of almost 1.5 billion, Google invested in the operator Jio, one of the most important operators. Speaking of making a $10 billion investment plan for India, Google invested a total of $4.5 billion for Jio. Google’s investment corresponds to 7.7 percent of Jio’s shares.
The reputation of being an operator, Jio, is also attracting the retail chain store. Offering low-cost technologies to millions of people, Jio operates in different areas from artificial intelligence to cloud centers. In addition, Jio has an important share in phones with 1 GB or less of RAM, which still has a large market share in India.
Google is not the first country to invest in Jio. Previously, Jio had invested $5.7 billion by Facebook, $250 million by Intel, and $97 million by Qualcomm. Therefore, we can say that Jio’s technology giants are at the center of attention.