Airtel, Jio might use personal money reserves for 5G spectrum buys

NEW DELHI : Bharti Airtel and Reliance Jio are not likely to faucet business banks to finance their spectrum public sale purchases, stated trade executives and analysts, because the preliminary outgo for purchasing 5G and different airwaves might be not up to ₹5,000 crore principally because of comfy cost phrases introduced via the federal government. … Read more