Alphabet Inc’s Google weighs buying 5% stake in Vodafone Idea

Alphabet Inc’s Google is considering acquiring a stake in Vodafone Group Plc’s struggling Indian business, the Financial Times reported, joining Facebook Inc in investing in the world’s fastest-growing mobile arena.

Google may take a stake of about 5% in Vodafone Idea, a partnership between the UK telecom carrier and the Aditya Birla Group, though the deliberations are at a very early state, the FT cited people familiar with the matter as saying.