Microsoft may also be planning an investment in Jio
Along with this, Microsoft is also rumored to be mulling an investment worth as much as $2 billion in Jio Platforms. The Reliance-owned company has been on a money-raising spree and has sold stake worth $10 billion through multiple deals in the last few weeks.
No comments from Amazon or Airtel yet
That said, as of now, neither Amazon nor Airtel has shown any sign of the deal progressing.
Amazon's spokesperson said the company does "not offer comments on speculation of what we may or may not do in future."
Meanwhile, Airtel said they routinely partner with digital players to take their products to customers, but "beyond that, there is no other activity to report."