Reliance Jio, Airtel and Vodafone Idea: What Fitch predicts about Indian telcos’ 5G era

India’s telecom industry is on the cusp to generate stronger operating cash flow, driven by the rapid transition to 5G networks. Fitch Ratings expects leading players Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) to benefit from stronger operating cash flows, which will help them deleverage.