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Articles tagged with: Maxis 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, aircel, 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, aircel, 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, chennai, aircel, tamil-nadu, towers, jammu, India
Japan's NTT Sells 35% Sri Lanka Telecom Stake for $297 Million
COLOMBO (AFP)--Japan's Nippon Telegraph and Telephone sold its 35.2% stake in state-owned Sri Lanka Telecom for $297 million, the Colombo Stock Exchange (CSE) said Tuesday. more
Related Tags: supreme-court, Sri Lanka
Binariang Completes Refinancing of Maxis Buyout
Malaysia's Binariang GSM says that it has successfully refinanced the MYR20 billion (US$6.1 billion) bridge loan it took to fund the buyout of the country's largest mobile operator maxis Communications last year. more
Related Tags: Malaysia
AT&T Bids for Indian Mobile Telecom Licenses
BANGALORE -(Dow Jones)- U.S. telecommunications major AT&T says it has partnered Mahindra Telecommunications, a Mahindra Group company, to bid for licenses to provide telecommunications services in all 22 circles in India. more
Related Tags: reliance-communications, bharti, vodafone-group, India
Malaysian Operator Tests Qualcomm's MediaFLO Platform
Related Tags: mobile-tv, qualcomm, rohde-&-schwarz, mediaflo
Consolidation in India as Reliance in Talks to Buy Aircel Cellular
Related Tags: reliance-communications, rcom, compete, reliance, aircel
Saudi Telecom Invests in Malaysian and Indonesian Phone Networks
Saudi Telecom says that it is spending just over US$3 billion to take an effective 25% stake in Malaysia's maxis Communications and 51% stake in Indonesia's Natrindo Telepon Seluler ("NTS") - both mobile network operators which are subsidiaries of Malaysia's Binariang. more
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Ericsson Wins Malaysian HSDPA Contract
Ericsson has been selected by Malaysia's maxis Communications Berhad (maxis), to expand and upgrade its WCDMA/HSPA network.
Under the agreement, Ericsson will supply, integrate and deploy radio access network equipment and deliver radio optimization services. Implementation has commenced and is scheduled to be completed by the end of the year.
Jon Eddy, Chief Operating Officer at maxis, says: "We are aiming to expand our broadband footprint through this high-quality network while also supporting the government's national broadband plan. maxis broadband is now widely available in Klang Valley, Penang and Johor Bahru. By extending our broadband services to more areas, we can address the shortage of residential broadband access while making broadband affordable and reliable. Ericsson is a strong partner in helping us to realize these ambitions, including our aim to become a major broadband player in the country." more
Related Tags: radio-access-network