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February 05, 2016 6:06 PM 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

India

Founded in 1994

Phone:

91 12 4476 5000

Fax:

91 12 4429 0524

Key Executives for Aircel Limited

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
Chief Business Officer
Compensation as of Fiscal Year 2015.

Aircel Limited Key Developments

Airtel Plans To Buy Aircel's 4G airwaves

Bharti Airtel Limited (BSE:532454) is close to buying 4G airwaves from Aircel Limited for about INR 38 billion. The deal is expected to be finalised by March-end 2016, said two persons aware of the matter. "Both companies are interested in closing this as quickly as possible for furthering their plans linked to the sale," the person said. A Bharti Airtel spokesperson said: "We keep receiving proposals from various quarters. We review them from time to time. As and when any proposal gets finalised we make appropriate disclosures." Aircel didn't respond to an emailed request for comment till press time.

Aircel Reportedly In Talks Sell To Part Of Spectrum

Aircel Limited is reportedly looking to sell a part of its spectrum and is in talks with other operators including, Bharti Airtel Limited (BSE:532454) and Vodafone India Limited. Sources close to the development told BusinessLine that Aircel is looking to reduce it to INR 100 billion crore by selling some of its spectrum in the 2300 MHz band. An Airtel spokesperson said, "We keep receiving proposals from various quarters and review them from time to time. At this stage, we have nothing concrete for us to take it to our board." Vodafone India spokesperson declined to comment, Business Line (India) added.

Reliance Eyes Acquisition Of Aircel

Reliance Communications Ltd. (NSEI:RCOM) has entered a 90-day exclusivity period for the talks with Aircel Limited.

Similar Private Companies By Industry

Company Name Region
Bharti Mobile Ltd. Asia
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BPL Innovision Business Group Asia
Aircel Cellular Limited Asia
BPL Mobile Cellular Limited Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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