with the sale of its entire 79.2 per cent stake in RPG Cellular to Aircel, promoted by C Sivasankaran's Sterling Group. The Sterling Infotech Group had earlier in June 2003 bought over the 20.7 ...

NEW DELHI: India's Aircel Ltd, a mid-sized mobile services provider, is in talks with RPG Cellular Ltd to buy out its mobile business in the southern city of Chennai, an industry source told Reuters.

MUMBAI (Reuters) - Indian mobile carrier Aircel Ltd filed for bankruptcy on Wednesday, pressured by a high debt pile and mounting losses following a price war triggered by a telecom upstart.

Aircel, the country's fifth-largest wireless operator with around 85 million subscribers, filed for bankruptcy on Wednesday, the latest company in an increasingly cutthroat industry to throw in ...

Aircel has been running a debt of around of Rs 15,500 crore and has seen its subscriber base shrink to around 5.6 crore against 8 crore till December 2017 when it was going strong. “Despite ...

Krishan entered India’s phone market, the world’s second largest by users, in 2005 by buying a majority stake of Aircel for about $1 billion and spent billions more trying to build the business.

The Telecom Regulatory Authority of India (TRAI) has directed telecom operator Aircel to issue additional unique porting codes to allow its subscribers the facility to switch service providers.

Nearly nine lakh Aircel customers across India decided to port their numbers to other telecom service providers on Wednesday due to frequent call drops, amidst reports that the telecom company is ...

Airtel finally has competition for 4G services: Telecom operator Aircel has became the second telco to launch 4G services in the country. The telco said that it will be initially offering 4G ...

99/- a month Aircel, with 3G licenses in the South, North and East of India is planning on investing uptvo $500 Million on their 3G infrastructure. Aircel is expected to launch their services in ...

MUMBAI (Reuters) - Indian mobile carrier Aircel Ltd filed for bankruptcy on Wednesday, pressured by a high debt pile and mounting losses following a price war triggered by a telecom upstart.