Airtel and Jio to enter 'value creation' zone: RoCE to rise; ICICI Securities predicts strong cash flow and profits
Indian telecom giants Bharti Airtel and Reliance Jio are poised for a significant surge in capital returns by 2028. Analysts predict a "value creation zone" as network spending dips below depreciation, boosting cash flows. This shift, driven by 5G adoption and diversified services, promises improved profitability and faster debt reduction for both operators.
Indian telecom giants Bharti Airtel and Reliance Jio are poised for a significant surge in capital returns by 2028. Analysts predict a "value creation zone" as network spending dips below depreciation, boosting cash flows. This shift, driven by 5G adoption and diversified services, promises improved profitability and faster debt reduction for both operators. What's Your Reaction?
