Google will collaborate with Indian telecoms to pilot its Loon Project for offering internet to the remote areas of India.
Google is presently negotiating with numerous Indian telecommunications service providers such as BSEL, as it is interested in starting the program on a trial basis, revealed by sources familiar with the deliberations, who wanted to keep their names anonymous. This project is expected to benefit the remote villages.
The discussions have begun after CEO Sundar Pichai managed to get support for the venture from the Indian government. During an exclusive interview, chief of Google India Rajan Anandan did not rule the likelihood of the company establishing its office for its initial-stage investment fund, Google ventures, in the country, although he refused to reveal more details and a timeframe.
In 2015, the company established an office for Google Capital, which is its later stage growth venture investment fund. Now, it is interested in only focusing upon mentoring startups, instead of developing ventures immediately. Rajan stated Google Capital would invest in the country at a faster pace.
The reality is that many people write cheques. "We are interested in enhancing the quality of products and founders," said Rajan, who is an active angel investor with large investments in start-ups and a former head of Dell India operations.
For the project Loon, Rajan refused to share his view on the service providers with whom the company is talking. He has stated the company will collaborate with a domestic telecom, as the service has to be actually provided by a local telecom.
Last week, Government of India has imposed a levy of 6% to indirectly tax businesses such as Facebook and Google, a development that could set the stage for taxation across the border digital transactions and possibly increase the costs for marketers.
In other news, New York times revealed that the competition commissioner of European Union, Margrethe Vestager, is about to go ahead in the nearby future in the antitrust case filed by her against the company, in which the company has been alleged by her of giving favors to some of its owned facilities in search results more than those of its rivals.
The present charges mentioned in the statement of objections are only one in many competition-related problems that the mapping service provider might face in 2016 in the European region. Margrethe is also conducting an investigation to determine was Apple received an unfair tax agreement from Ireland and Amazon from the Government of Luxembourg, which violated the state aid rules of Europe.
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