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• The much-anticipated IPO of Reliance Jio could trigger a re-rating in the stock of rival Bharti Airtel, according to global brokerage firm CLSA.
• CLSA analyst Deepti Chaturvedi expects Jio's leadership and Bharti's execution to lead the sector to $38 billion annual revenue by FY26.
• Jio is currently unlisted, but CLSA has advised investors to gain exposure through its parent company RIL.