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Articles tagged with: Maxis and Aircel
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-communications, India
India's Aircel Reported to be in Talks to Buy Loop Mobile
India's Aircel Cellular is reported to be in talks to buy Mumbai based Loop Mobile (formerly BPL Mobile), which is owned by the Ruias of the Essar group. Both companies have been holding discussions for around seven months now, two people familiar with the discussions told the Economic Times. more
Related Tags: , ict, vodafone, tim, mtn, cdma, loop-telecom, bpl-mobile, essar-group, bharti, bharti-airtel, mtnl, mumbai, seven, essar, vodafone-essar, loop-mobile, 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, delhi, maxis-communications, tamil-nadu, India
ZTE Wins Indian GSM Network Contract
China's ZTE has won a US$400 million GSM expansion contract from India's Aircel - a subsidiary of Malaysia's maxis. Aircel is currently operating in 10 telecom circles (Assam, Bihar, Chennai, Himachal Pradesh, Jammu & Kashmir, Calcutta, North East, Orissa, Tamil Nadu and West Bengal) and with licences secured for the remaining 13 of the 23 telecom circles. more
Related Tags: wcdma, zte, cdma, tamil-nadu, jammu, 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, chennai, maxis-communications, tamil-nadu, towers, jammu, India
AT&T Eyeing Up Indian Mobile Operator Acquisition
AT&T is said to be considering a joint venture with India's Aircel - by purchasing the stake in the company held by Malaysia's maxis. Aircel was valued at nearly US$1.5 billion in January 2006 when investor Sivasankaran had offloaded his entire stake to maxis. At the time, the company had around 2.6 million subscribers, although this has now risen to around 6.2 million. The rapid growth in India's mobile market will push that valuation up significantly. more
Related Tags: landline, chennai, tamil-nadu, jammu, India
Consolidation in India as Reliance in Talks to Buy Aircel Cellular
Related Tags: reliance-communications, rcom, compete, reliance, maxis-communications
Nokia Siemens Wins Indian GSM Contract
Nokia Siemens Networks says that it has won its first contract from maxis Group, India, which operates under brand name of Aircel, to build a greenfield GSM network in Kolkata. more
Related Tags: kolkata
Reliance India Base Sees 2007 Growth Fall Behind 2006
The latest figures from the Indian operators' associations the COAI and AUSPI show that the Indian mobile market has seen a net 20.55m new customers in the first four months of 2007 - less than the 20.96m recorded in the same period in 2006. The reason for this is two-fold. Firstly, in April 2006 Reliance Communications made an adjustment to the way it counted mobile subscribers, including its fixed-wireless customers in the figures for the first time and boosting its ranks as a result. Secondly, March 2007 saw the termination of India's customer re-verification procedure whereby the personal details of all of the country's mobile subscribers had to be checked by the operators - and a procedure which saw the same operator, Reliance, disconnect some 4m unverified customers. more
Related Tags: reliance-communications, reliance, bsnl, mtnl, coai
India - GSM daily adds almost 180k in February as CDMA falters
CDMA net additions in India dropped to their lowest level for nine months in February 2007, as Reliance Infocomm took its foot off the gas after four successive months of net additions over 1m. In total a net 1.14m new CDMA customers were added to the national customer base in India in February, which equates to just 23% of the GSM total of 4.88m for the month. Given that February has only 28 days, however, the totals are not strictly comparable with other months of the year. more
Related Tags: reliance, bharti, bharti-airtel, tata-teleservices