Network vendor Sterlite, two investment firms also in the frame, but owners said to favour sale to single suitor
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Aircel liquidation looms large
Lack of asset sale progress leaves Indian telco with 90 days to reach a deal with lenders
Weekend Round Up – Bharti Airtel acquires 1.5 million former Aircel customers
Around the world in 80 seconds – We take a look at some of the biggest stories from across the global telecoms industry this past weekend
Aircel falls victim to India’s cut-throat market conditions
India’s fifth largest mobile operator has applied for bankruptcy
Bharti Airtel chairman eyes Aircel tie-up
Sunil Mittal reveals telcos have had ‘conversations’ in the past
Aircel’s days numbered but sell-off will not be simple
Another Indian mobile operator is planning its exit from the market, but it will likely split up its assets among rival players
Regulatory red tape derails RCom/Aircel merger
Telcos call off tie-up due to ‘inordinate delays’ in approvals process; RCom outlines further plans for debt reduction
India’s competition watchdog OKs RCom-Aircel merger
Mobile operators clear another big hurdle to forming joint venture serving 177 million customers.
RCom-Aircel deal gets nod from India’s stock market regulator
Deal to create country’s fourth-largest mobile operator clears major hurdle.
RCom, Aircel finally ink Indian mega-merger
50:50 joint venture will be country’s third-largest mobile operator, generate INR200 billion in synergies.
Bharti closes Aircel spectrum deal in six circles
India’s largest mobile operator says it has secured relevant approvals for spectrum deal, final two circles to close at a later date.
RCom-Aircel merger could come soon
Some see deal by end-June; RCom working on finalising migration of CDMA base in July.
RCom again extends Aircel deal talks
Indian operator talks up substantial progress as deadline is pushed back to 22 June.
Bharti buys Aircel 2.3-GHz spectrum
Indian mobile market leader to pay 462 million for 2.3-GHz frequencies in eight circles.
RCom extends Aircel deal talks by two months
Indian operator to hold exclusive discussions with rival’s shareholders for a further 60 days, having made ‘good progress’ to date.
RCom, Aircel to create 50:50 JV
Indian telcos to merge mobile assets under new brand, according to press report.
Bharti close to Aircel spectrum deal, furthering India consolidation
Indian operator working on acquisition of 2.3-GHz frequencies in a bid to boost its 4G coverage area.
RCom in exclusive merger talks with Aircel
Deal would potentially propel Reliance Communications from fourth to second place in Indian mobile market.
Rcom, Aircel, Sistema in three-way tie-up talks
Possible merger would reportedly see Aircel pare nt Maxis take biggest stake in what would be India’s second-largest mobile operator.
India provides relief for telecom sector; approves 4-year moratorium on AGR dues
News The Union Cabinet of India has approved a four-year moratorium on dues for the telecom sector, as well as rationalised the controversial definition of Adjusted Gross Revenue (AGR). This much-anticipated and awaited move comes as a massive relief to Communications...
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