• Debt Financing: Investment banks helped Reliance Jio in issuing bonds and securing debt

• Debt Financing: Investment banks helped Reliance Jio in issuing bonds and securing debt from global markets, ensuring it had enough liquidity to invest in spectrum acquisitions and infrastructure development.
Bharti Airtel
Bharti Airtel also worked with multiple global investment banks to raise capital for its 5G rollout, focusing on both equity and debt financing.