Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
Briefing

Google buys 7.73 per cent stake in Reliance’s Jio for US$4.5 billion

The two companies will also co-develop “an entry-level affordable smartphone with optimizations to the Android operating system and the Play Store.” (The Logic)

Briefing

Google buys 7.73 per cent stake in Reliance’s Jio for US$4.5 billion

By Murad Hemmadi
Jul 15, 2020
A A
A Small A Medium A Large
Share

Share

The two companies will also co-develop “an entry-level affordable smartphone with optimizations to the Android operating system and the Play Store.” (The Logic)

Talking point: Tech giants offering low-cost internet access tied to their particular platforms have previously faced consumer, advocacy and government resistance in India. In August 2016, the country’s telecom regulator banned Facebook’s Free Basics, which gave no-data wireless subscribers access to a limited number of sites. But a Google-Jio cheap smartphone could arrive at an opportune moment. Chinese device makers had a four-fifths share of the Indian smartphone market in the first quarter of 2020, but industry research firms expect that to fall amid a military standoff in Ladakh and consumer boycotts of Chinese products, particularly handsets. Last month, the Indian government banned dozens of popular Chinese apps. Jio—which also has the backing of Facebook and a host of new foreign investors—has had more success with Indian regulators. Google has now allocated nearly half of the US$10-billion India Digitization Fund it announced Monday.

Sponsored Content

How to shift your workforce from AI experimentation to adoption

By Jessica Aftimus Rosa

The real-world economic offshoots of sovereign AI

By Deborah Aarts
Illustration of a plane flying above a mailbox

Increasing healthcare access across Canada

By Deborah Aarts
Paid promotional content

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

Most Popular This Week

People stand in large room split into several aisles by banners promoting startups. A video screen on the back wall has the logo for the CDL Super Session on it.
News

The Creative Destruction Lab is using data to reveal what makes startups successful

By Murad Hemmadi
Close-up of a red American roadside call box marked “Made in the U.S.A.,” with a blurred semi-truck approaching on Gordie Howe International Bridge.
News

U.S. industry leaders plead for truce as tariff fight escalates

By Anita Balakrishnan
Exterior of a University of Toronto building
News

Canadian universities are still struggling to commercialize their research, new data shows

By Catherine McIntyre
An aerial shot of a massive factory complex with a sprawling parking lot in the foreground. There are rows of vans and pickups in the lot.
News

Automakers warn Trump’s 50% tariffs would be ‘devastating’

By Joanna Smith

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

A row of school children at computers wearing brightly coloured headphones.
Subscriber Survey

Half of you think AI tools belong in the classroom

By Leila El Shennawy

Briefing

Barton appointed chair of Canada investment agency as it takes a bigger role in luring capital

By Chaimae Chouiekh   |   Aug 31, 2026 | 4:44 PM ET

Invest in Canada CEO resigns in run-up to international investment summit

By Chaimae Chouiekh   |   Aug 31, 2026 | 3:54 PM ET

GM to invest about $360M more in Canada and return Sierra truck production to Oshawa

By Joanna Smith   |   Aug 31, 2026 | 3:51 PM ET

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

News

Canadian investors are dumping U.S. government debt for American corporate bonds

By Chaimae Chouiekh   |   Aug 24, 2026
An image of tall buildings against a cloudy blue sky.
News

Canadian universities are still struggling to commercialize their research, new data shows

By Catherine McIntyre   |   Aug 25, 2026
Exterior of a University of Toronto building
Commentary

Carmichael: America’s wobbly bonds are Canada’s advantage in the trade war. Here’s why

By Kevin Carmichael   |   Aug 24, 2026
A photo of Mark Carney on his way into a news conference, trailed by Dominic LeBlanc. There is a row of Canadian flags on stands behind the lectern Carney is approaching.
News

Xanadu gets $195M from federal government to build a quantum computer factory in Toronto

By Murad Hemmadi   |   Aug 28, 2026
Christian Weedbrook stands in a vacant warehouse next to a Canadian flag at a podium labelled for the Strategic Response Fund.
News

Thomson Reuters launches its own AI model to reduce reliance on big tech

By Anita Balakrishnan   |   Aug 24, 2026
News

U.S. industry leaders plead for truce as tariff fight escalates

By Anita Balakrishnan   |   Aug 26, 2026
Close-up of a red American roadside call box marked “Made in the U.S.A.,” with a blurred semi-truck approaching on Gordie Howe International Bridge.

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account