Articles tagged with: Aircel

Investigation Finds No Evidence of Saudi Stake in India's Aircel

An investigation into the shareholders at Malaysia's Maxis Communications and its Indian subsidiary, Aircel by Indian authorities has not found any evidence of a direct shareholding in the company by Saudi Telecom. more

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ZTE Reportedly Wins Indian LTE Contract

According to local media reports, India's Aircel has awarded a network upgrade contract to ZTE. more

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Maxis Pumps $980 Million into Indian Subsidiary

Malaysia's Maxis is reported to have pumped an additional Rs 6,000 crore (US$980 million) into its Indian subsidiary, Aircel as "quasi-equity" to help the company fund bank interest payments. more

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Three Indian Mobile Networks in Merger Talks

Three of India's mid-sized mobile networks are reported to be in advanced stages of merger talks ahead of expected relaxation of regulations by the government later this year. more

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First Roaming Agreement Between Indian and Myanmar Mobile Networks

Myanmar's state-owned mobile network, MPT has signed an international roaming agreement with India's Aircel, marking the first roaming agreement between the two countries. more

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Investigation into Maxis' 2005 Purchase of Majority Aircel Stake

Old allegations about the 2005 deal that saw Malaysia's Maxis take a majority stake in the Indian mobile network operator, Aircel has resurrected again. more

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Malaysia's Maxis May Injuect $900 Million into Indian Mobile Network

India's Aircel could receive a capital injection of around US$900 million from its majority shareholder as part of a refinancing plan for the company. more

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Indian Networks Sign National Roaming Deal

India's Reliance Communications is reported by local news media to have signed a national roaming agreement with Aircel covering their GSM services. more

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Sistema Walks Away from Talks to Buy Stake in India's Aircel

Russia's Sistema and Malaysia's Maxis have reportedly cancelled plans that could have seen the Russian firm taking a large stake in India's Aircel after they were unable to agree on a price to pay. more

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Sistema Close to $3 Billion Deal to Buy Another Indian Mobile Network

Russia's Sistema is reported to be close to a deal that would see it buy a controlling stake in the Indian mobile network, Aircel for around US$3 billion. more

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