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Tag: aircel
Bharti Airtel, Reliance Jio vie for Aircel assets
2018-09-20 02:00:00| Total Telecom industry news
Bharti Airtel and Reliance Jio Infocomm are both said to have submitted bids for various assets belonging to insolvent mobile operator Aircel. Livemint reported on Thursday that network vendor Sterlite Technologies and two investment firms are also among the bidders…read more on TotalTele.com »
Tags: vie
assets
reliance
airtel
Aircel liquidation looms large
2018-07-05 02:00:00| Total Telecom industry news
Aircel faces the real possibility of going into liquidation owing to a lack of meaningful progress on reaching a deal with lenders. The Indian operator, which filed for bankruptcy protection in March…read more on TotalTele.com »
Tags: large
liquidation
looms
looms large
Weekend Round Up - Bharti Airtel acquires 1.5 million former Aircel customers
2018-03-19 01:00:00| Total Telecom industry news
Greece – The Greek Government has invited Deutsche Telekom to make a bid to purchase its minority stake in Greek telecoms provider OTE. The Greek government received no bids for its minority stake in OTE when it put it up for sale last month. As per the terms of its contract, the Greek government has now offered Deutsche Telekom the chance to buy it out. DT currently owns a 40 per cent stake in OTE…read more on TotalTele.com »
Tags: million
customers
round
weekend
Aircel falls victim to India's cut-throat market conditions
2018-03-02 01:00:00| Total Telecom industry news
India's savagely competitive telecoms market has claimed a major scalp, as the country's fifth biggest mobile operator, Aircell, has been forced to file for bankruptcy…read more on TotalTele.com »
Tags: conditions
market
falls
victim
Indian operator Aircel files for insolvency
2018-02-28 17:01:00| Telecompaper Headlines
(Telecompaper) The Indian mobile operator Aircel has filed for bankruptcy after failing to reach a deal on restructuring its debt with its lenders and main shareholder, Malaysian operator Maxis. The insolvency proceedings cover the companies Aircel, Aircel Cellular and Dishnet Wireless.
Tags: files
indian
operator
insolvency