Jefferies bets on Bharti Airtel as top telecom pick, sees Jio’s recovery driving growth




Jefferies has named Bharti Airtel as its top telecom pick, citing strong data subscriber growth and market share gains despite tariff hikes. Reliance Jio's rebound in 4G/5G additions earned Reliance Industries a “buy” rating, while Vodafone Idea's ongoing subscriber losses are expected to further bolster Airtel and Jio's market dominance.

Comments