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Aircel Ltd. was an Indian mobile network operator headquartered in Mumbai that offered voice and 2G and 3G data services. Maxis Communications held a 74% stake and Sindya Securities and Investments held the remaining 26%. [4]
May 24, 2024 · Aircel founder C Sivasankaran says today's India not like what it was decade ago. Aircel's journey in India was fraught with challenges, including fierce competition and regulatory hurdles....
Jan 30, 2018 · KUALA LUMPUR (Jan 30): Aircel Ltd, controlled by Malaysian tycoon Tan Sri Ananda Krishnan, has entered into a strategic debt restructuring (SDR) process after initially-reluctant lenders led by State Bank of India agreed to convert Aircel's debt into equity, The Economic Times reported, quoting, ...
Feb 28, 2018 · MUMBAI: Indian mobile carrier Aircel Ltd filed for bankruptcy on Wednesday, pressured by a high debt pile and mounting losses following a price war triggered by a telecom upstart.
PETALING JAYA: Aircel Ltd, the debt-laden Indian mobile network operator based in Gurgaon and 74% owned by Maxis Communications Bhd, will be filing for bankruptcy at the National Company Law ...
Aircel - Moile Service Provider ... Aircel website
The Aircel-Maxis deal came under the scanner in 2011 when Chinnakannan Sivasankaran alleged that he was pressured to sell his stake to Maxis Berhad.