Telecom major Bharti Airtel is considering the option of offshore bonds to raise around $1 billion for reducing its debt and invest in improving 5G infrastructure.
Reliance Industries has been in the news for the last two months as the company has been announcing one after another investments from private equity majors in its technology venture Jio Platforms.
Indian telecom sector has witnessed disruption with entry of Reliance Jio. Investors have witnessed reduction in valuation of their holding in other telecom companies.
Reliance Jio launch has been one of the biggest changes consumers have witnessed in telecom and mobile internet segment. The consumers received massive data on daily basis in affordable plans.
