Articles tagged with: Mumbai and Aircel

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, seven, maxis, 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: maxis, delhi, maxis-communications, tamil-nadu, India

Indian Government Close to Releasing Withheld 2G Spectrum

India's Department of Telecom (DoT) has given an in principle clearance for Idea Cellular, Vodafone Essar and Aircel to be granted the outstanding 2G spectrum where they currently hold licences, a DoT source told The Economic Times. Currently the operators all hold licenses in some circles, but have not been able to launch their services until the spectrum was released to them.  more

Related Tags: department-of-telecom, maharashtra, essar, vodafone-essar, idea-cellular, India