Aircel

The Latest

Airtel Asia Pacific Operators Reliance September 21, 2018

Airtel, Jio in running for Aircel assets

A number of companies, including Bharti Airtel and Reliance Jio, have bid to purchase the assets of troubled operator Aircel, although lenders are keen to sell to just one party.

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July 4, 2018

Aircel insolvency fears intensify

Troubled Indian operator Aircel could be heading towards liquidation as the company continues to struggle to sell its assets, while lenders rejected new proposals designed to cut debt and make…

By Kavit Majithia

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March 5, 2018

Aircel set for crunch bankruptcy talks

Debt-laden Indian operator Aircel is set to have a bankruptcy plea heard by authorities on 8 March, after finally giving-up on attempts to strike a deal with creditors on debt…

By Chris Donkin

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Asia Pacific Operators December 18, 2017

Maxis to back Aircel despite cut-throat competition

Malaysia operator Maxis could invest up to $1.1 billion in its troubled Indian arm Aircel in a renewed commitment to the operator after a deal to merge it with Reliance…

By Kavit Majithia

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Asia Pacific October 3, 2017

RCom mulls revised tower deal in wake of failed merger

Reliance Communications (RCom) is in talks to sell its entire tower arm to Canadian investment company Brookfield Asset Management following the collapse of a proposed merger with Aircel. According to…

By Chris Donkin

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October 2, 2017

RCom drops merger with Aircel due to “uncertainties”

Reliance Communications (RCom) will “evaluate an alternative plan for its mobile business” after a planned merger with Aircel fell through. The deal was dropped due to “inordinate delays caused by legal…

By Joseph Waring

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March 20, 2017

Competition Commission approves RCom/Aircel deal

Reliance Communication’s (RCom) deal to segregate its wireless business and then merge it with Aircel and its subsidiary Dishnet Wireless was approved by the Competition Commission of India (CCI). Aircel and…

By Chris Donkin

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