Reliance and Aircel initially signed a merger agreement in September 2016.
Indian telecommunications firms Reliance Communications and Aircel obtained approval to merge their operations from the Securities and Exchange Board of India. The deal has already garnered approval from the Bombay Stock Exchange...
Reliance and Aircel will both own a 50% stake in creatively titled new entity called MergedCo
Indian telecommunications operator Reliance Communications and rival mobile operator Aircel announced the signing of definitive documents for the merger of their Indian wireless businesses, which represents the largest consolidation in...
Indian telecommunications operator Reliance Communications extended the exclusivity period by two months for talks with rival Aircel to consider the potential merger of operations. Â
Reliance entered into merger talks with Aircel shareholders Maxis Communications and Sindya Securities and Investments late last year. The parties initially...
Indian telecom operators look to complete the operation by September
Indian mobile operators Reliance Communications and Aircel agreed to merge their operations, according to The Economic Times.
The report claims the telcos would each own 50% of the new entity, which will be the third largest...
India’s fourth- and fifth-largest carriers are in talks to combine wireless operations. The potential merger between Reliance Communications and Aircel would make them the second-largest carrier in India in terms of customer base.
Reliance Comm, which is currently India’s No. 4 operator, entered into exclusive...
4G fueling growth
India is reportedly on its way to eclipsing 1 billion mobile subscribers. According to a report by Peter Evans, senior analyst Asia at BuddeComm, the world’s second largest country had 970 million subscribers as of March 2015.
Currently 77% of India’s population has...
Dropped calls are a big problem in India due to economics and sheer geography presenting hindrances to robust mobile network deployments. Now, national regulator Trai is considering penalizing operators for each dropped call.
The Times of India reports Trai is considering penalizing operators 1 rupee...
Aircel stand out winner with MTNL and Reliance bringing up the rear
Business newspaper LiveMint conducted a survey of 4,000 Indian cellphone customers to measure customer satisfaction as it relates to cellular providers. The poll found most people were happy, or at least content, with...
IDC estimates 5.8M 4G LTE subscribers in India by year-end 2015
Indian telecom operator Reliance Jio Infocomm expects to launch commercial 4G LTE services across India by December, Reliance Industries Chairman Mukesh Ambani said during the company's annual shareholders meeting.
Ambani said that the company expects to...
The GSM telecom operators in India added 7.55 million new subscribers in the month of December last year, according to new figures released by the Cellular Operators Association of India.
India's Telecom Disputes Settlement & Appellate Tribunal has restrained the telecom ministry from taking any "coercive" steps until January 3 next year against the telecom companies for entering into 3G roaming pacts.
With the Department of Telecom terming the intra-circle 3G roaming deals of telecom companies as illegal, Tata Teleservices and Aircel have scrapped an agreement for offering services in each other's circles.
India's Department of Telecommunications has asked Airtel, Vodafone, Aircel, BSNL, Idea, RCL and RTL to explain why action should not be taken against them for failing to submit auditors reports for 2009-10.
The Indian telecom sector is again in news for the wrong reasons after a national daily reported about a '3G roaming scam' wherein some telecom operators are "offering 3G services and earning money from areas which they never bid during the 3G auctions".
Economic Times | August 11, 2011 |Â Kalyan Parbat
KOLKATA: Loss-making BSNL's bid to ease its financial pangs by unlocking the value of its idle tower assets may finally ring true.
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Full article here via Economic Times
Hindustan Times | June 8, 2011 |Â Rajesh Ahuja
Former Aircel owner C Sivasankaran alleged during CBI questioning that it was the Brothers Maran — Dayanidhi and Kalanidhi — who had brought in the Malaysia-based Maxis as a prospective buyer. According to CBI sources, the Marans...
Ericsson | May 3, 2011 | Press Release
Aircel subscribers to get better localized information through Ericsson's Mobile Positioning System (MPS) for Location Based Services (LBS)
Ericsson is the sole supplier to provide multi-vendor network integration services
Solution aims to make moving through traffic more efficient in...
Ericsson | May 3, 2011 |Â Press Release
Aircel subscribers to get better localized information through Ericsson's Mobile Positioning System (MPS) for Location Based Services (LBS)
Ericsson is the sole supplier to provide multi-vendor network integration services
Solution aims to make moving through traffic more efficient in a...
The Hindu | April 7, 2011 | Sandeep Joshi
The Department of Telecommunications (DoT) has issued licence termination notices to three telecom operators — Aircel, Etisalat DB and Sistema Shyam Teleservices (SSTL) — for delays in roll out of services in circles allotted to them.
“We...
Economic Times | March 9, 2011
NEW DELHI: An attempt by telecom minister Kapil Sibal to help the country's warring mobile service providers find some common ground failed with companies sticking to their positions in a slew of issues concerning the allocation of airwaves.
Top executives...
Economic Times | March 9, 2011
NEW DELHI: An attempt by telecom minister Kapil Sibal to help the country's warring mobile service providers find some common ground failed with companies sticking to their positions in a slew of issues concerning the allocation of airwaves.
Top executives...
Business Standard | March 1, 2011
To launch mobile banking with ICICI in 60 days
GSM mobile network operator Aircel, a 74:26 joint venture between Maxis Berhad of Malaysia and the Apollo Hospitals Group, will be investing Rs 400 crore in Andhra Pradesh for 2G and...