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September 03, 2015 5:36 AM ET

Wireless Telecommunication Services

Company Overview of Aircel Limited

Company Overview

Aircel Limited provides GSM mobile services in India. It offers voice and data services ranging from postpaid and prepaid plans, 2G and 3G services, broadband wireless access, and long term evolution (LTE) to value-added-services. The company also provides Internet access solutions to facilitate data intensive live streaming applications; 3G and 4G LTE services; devices; and other services. In addition, it offers business solutions, including networking, data centers, collaboration services, Software-as-a-Service, and mobility solutions; and managed network services that include Internet leased line, national private leased circuit, international private leased circuit, and global MPLS virtu...

5th Floor

Building No. 10A

DLF Cyber City

DLF Phase II

Gurgaon,  122002


Founded in 1994


91 12 4476 5000


91 12 4429 0524

Key Executives for Aircel Limited

Chief Financial Officer
Age: 46
Chief Operating Officer
Age: 51
Director-In-Charge of Indian Operations and Chief Executive Officer of Maxis Communications
Age: 57
Business Head - Punjab
Head of Corporate Social Responsibility
Compensation as of Fiscal Year 2015.

Aircel Limited Key Developments

Promoters And Investors Seek To Sell Aircel

According to sources, multiple investors have envisaged interest in buying stake in Aircel Limited. The prospective investors include Idea Cellular Ltd. (BSE:532822), Telenor ASA (OB:TEL), AT&T, Inc. (NYSE:T) and MTN Group Limited (JSE:MTN). The promoters and investors of Aircel, including Maxis Communications Berhad, are looking to exit Aircel and have invited request for quotations for stake sale, sources told CNBC-TV18. Idea Cellular and Telenor have already initiated the due diligence process, sources said. Aircel promoters have set a June 2014 deadline for quotation. Though valuation figures are still being worked on, sources said it could be a significantly large deal in the range of over INR 200 billion. Idea and AT&T refused a comment. Others players were unavailable.

TTL May Reportedly Marge Operations With Aircel

Tata Teleservices Limited (TTL) is in talks to merge its operations with Aircel Limited. The report stated that the talks have not been confirmed by either party.

Micromax Inks Strategic Partnership with Mediatek and Aircel

Micromax has inked a strategic partnership with MediaTek and Aircel. Under the terms of the agreement, Aircel will be offering special data plans and other benefits on MediaTek-based Micromax devices. The Aircel offers will cover four Micromax devices -- the MMX 377G dongle, Funbook Mini 410i tablet, Micromax A090 and X070 feature phones -- all powered by MediaTek chipsets. The products with new offers will be available starting April this year.

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