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Articles tagged with: Aircel and Maxis Communications
France Telecom Reported to be Seeking Indian Investment
France Telecom is reported to be in talks to take a stake in India's aircel for between US$1.4-$2 billion. The French company is said to be in talks with Malaysia's Maxis, which owns 74% of the company to take the stake. In the meantime, Maxis shareholder, Saudi Telecom is looking to increase its holding in the firm from 25% to 35%. more
Related Tags: france-telecom, orange, maxis, India
Aircel Announces $5 Billion Investment Plan
India's aircel has announced plans to double its subscriber base and invest US$5 billion in its network over the next three to five years. The firm, a majority owned subsidary of Malaysia's Maxis, will spend at least US$1 billion during 2009 and expects to end the year with 32 million customers. more
Related Tags: mumbai, maxis, delhi, tamil-nadu, India
Maxis Planning US$4 Billion Investment in Indian Subsidiary
Malaysia's Maxis Communications plans to invest upwards of US$5 billion over the next four years in its Indian subsidiary, aircel to expand the network and boost capacity. aircel has spent some US$2 billion since the company was set up - with over $500 million last year. more
Related Tags: rural, maxis, chennai, tamil-nadu, towers, jammu, India
Consolidation in India as Reliance in Talks to Buy Aircel Cellular
Related Tags: reliance-communications, rcom, compete, reliance, maxis
Malaysia's Maxis, India's Apollo Founder To Buy Aircel"
KUALA LUMPUR -(Dow Jones)- Maxis Communications and founders of an Indian hospital company have agreed to buy Indian mobile-phone operator aircel Ltd. for US$1.08 billion, the companies said Friday. more
Related Tags: telekom-malaysia, maxis, assam