1) Involvement: The Indian telecom sector has also attracted significant private equity investment. Firms like KKR and Blackstone have invested in telecom infrastructure, seeing the sector's potential for stable returns. These investments are often aimed at enhancing network capabilities and expanding service reach. In conclusion, investment banking is instrumental in shaping the future of the Indian telecom sector, particularly in the development and financing of 5G networks. As telecom operators like Reliance Jio and Bharti Airtel strive to enhance their service offerings and infrastructure capabilities, they rely heavily on investment banks for capital raising and strategic guidance. These financial institutions facilitate both equity and debt financing, enabling telecom companies to invest in cutting-edge technology and infrastructure necessary for a successful 5G rollout.