In April 2020, the Indian telecoms market was shaken up when Facebook (now Meta) took a nearly-10% stake in disruptive operator Reliance Jio, now the mobile market leader. In the wake of that deal, Jio secured other investors, including Google and Qualcomm, while Google also took a stake in Bharti Airtel, now the second largest operator. Microsoft was also said to be interested in stakes in at least one Indian provider, as all the US hyperscalers seek ways to capitalize on the huge size and growth potential of the Indian market, which will certainly be easier to achieve with local partners that have established channels and brands to the vast base of businesses and consumers. More than two years on,…