Google to invest $700M in Bharti Airtel, India’s second largest telecom operator, for a 1.28% stake; an additional $300M will go to multiyear agreements (P R Sanjai/Bloomberg)

P R Sanjai / Bloomberg:
Google to invest $700M in Bharti Airtel, India’s second largest telecom operator, for a 1.28% stake; an additional $300M will go to multiyear agreements  —  Google will invest $700 million in India’s No. 2 mobile-phone operator, deepening its push into in the world’s second-largest wireless market.