Mumbai
The country's domestic mobile service providers have clashed with Reliance Jio in the last few years. Ambani's company has captured the exclusive market of the country by bringing a bunch of cheap plans. In this situation, Now telecom player Airtel is going to tie the knot with Google. Mittal's company wants to get market with the promise of cheap mobile and good services.
Google is investing $ 1 billion US dollars in Airtel. In the midst of this, Airtel is on its way to bring cost friendly mobile handsets at a invest of $ 700 million. Emphasis will also be placed on 5G technology. Airtel described Friday as a 'very important day' for India's telecom technology. Because on this day, the issue of this investment between the two companies has matured. In the midst of this huge investment, they acquired 1.26 per cent stake in Telco for $ 700 million. The remaining $ 300 million trade agreement between Airtel and Google is being finalized.
They are taking a big initiative to capture the cheap smartphone market. At present, not only in India, but all over the world, various small-scale Chinese companies have taken over the market by providing cheap mobiles. They want to get out of their market and get the mobile phone market of the country.
They want to make high-tech mobile handset in between Rs. 5,000 and Rs. 8,000. Nokia's smartphone is the most pocketable right now for Indian consumers. Airtel wants to give a better phone at a lower price. At the same time, Airtel, which has been cornered for so long, is also challenging Ambani's Jio service.
Earlier, Airtel did not pay attention to phone sales. This time, Mittal's Bharti Airtel, which has been at the end of the day, wants to impress them by selling both phones and services on the way to Reliance Jio.
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