India's 5G plan stirs debt-laden telecom firms

Incumbents raise funds while Jio signals readiness

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Many observers expect 5G services to be widely available in the country only in the early 2020s, with Deloitte estimating total investment required at $70 billion. 

MUMBAI (NewsRise) -- As fifth-generation internet services inch closer to reality, India's indebted telecommunication companies are stepping up fund-raising efforts to take on Reliance Jio Infocomm, which has the advantage of cash and a later-generation network across the country.

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