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Tag: Aircel

Retail Asia04/10/2017
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Telecom

RCom-Aircel merger deal collapses

2min0
India’s Reliance Communications (RCom) has called off a planned merger of its wireless business with rival Aircel as a result of regulatory uncertainty and opposition from some creditors. RCom had been planning to merge its wireless business with Aircel to create a 50:50 joint venture with Aircel parent company Maxis, in a deal aimed at reducing its […]
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Retail Asia02/02/2017
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Telecom

Telenor India said to seek merger with RCom, Aircel

2min0
Norway’s Telenor is reportedly seeking to get in on the proposed merger between Aircel and Reliance Communications. Telenor is proposing to combine its Indian business, customer base and spectrum with the merged Aircel-RCom entity. Under the proposed terms, Telenor would own 10% of the combined company, while Aircel parent Maxis and RCom would each own […]
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Retail Asia12/07/2016
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Telecom

Airtel cleared to buy 4G spectrum from Aircel

2min0
India’s Bharti Airtel has received approval for its 35 billion rupee ($521.2 million) acquisition of 4G spectrum from Maxis-owned Aircel. The Telecom Ministry has agreed to allow Bharti Airtel to acquire 20 MHz of 2300-MHz spectrum in eight of India’s 22 telecoms circles. Airtel announced in a stock exhange filing that it has now concluded […]
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