Jio Vs Bharti Airtel: Which is a better bet now? Macquarie reveals the next big play

Reliance Jio and Bharti Airtel are no longer competing on the same metrics, according to Macquarie, which said India’s two largest private telecom operators now offer distinctly different investment propositions. The brokerage expects Jio to enter a period of rapid cash flow generation after completing most of its network investments, while Airtel continues to lead on returns, capital efficiency and monetisation.