July 27, 2016 5:35 PM ET

Wireless Telecommunication Services

Company Overview of Aircel Limited

Company Overview

Aircel Limited, a mobile network operator, provides GSM mobile services in India. The company 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. It also provides Internet access solutions to facilitate data intensive live streaming applications; 3G and 4G LTE services; voice and data offers on handsets; and other services. In addition, the company provides business solutions, including networking, data centers, collaboration services, Software-as-a-Service, and mobility solutions; M2M smart metering and vehicle tracking solutions; and managed network services that includ...

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: 52
Director-In-Charge of Indian Operations and Chief Executive Officer of Maxis Communications
Age: 58
Business Head - Punjab
Head of Corporate Social Responsibility
Chief Business Officer
Compensation as of Fiscal Year 2016.

Aircel Limited Key Developments

Reliance Communications And Aircel Wireless Business To Merge

Reliance Communications Ltd. (NSEI:RCOM) and Maxis Communications Berhad and Sindya Securities and Investments Pvt Ltd. are set to ink a "binding definitive" pact in around two weeks to merge wireless businesses with Aircel Limited. "RCOM and Maxis Communications Berhad (MCB) and Sindya Securities and Investments Private Limited (Sindya), the shareholders of Aircel Limited ("Aircel"), expect to sign binding definitive documentation and announce the proposed transaction for the combination of the Indian wireless business of RCOM and Aircel very shortly," said Reliance Communications.

RCom-Aircel Merger May Conclude In July

The two-way merger between Reliance Communications Ltd. (NSEI:RCOM) and Aircel Limited is on track, claim sources close to the deal. Since the merger is between two different entities with different technologies even, the merger will take some more time to conclude. Both the companies have extended their exclusive discussion period by a month, during which they hammer out details of a potential merger. Once the due diligence is over, RCom will carve out its wireless business and merge it with Aircel's wireless business, which will result in a new entity/brand altogether. According to sources close to the deal, "The merger of RCom with Aircel is not contingent on the tower sale. The merger is on track and Aircel and RCom will collectively transfer INR 280 billion of debt (INR 140 billion each) to the new entity. With a revenue market share of 6% each, the new entity will have a double-digit revenue market share and a customer base of 150-160 million."

Aircel Merger Talks With RCOM Extended

Aircel Limited and Reliance Communications Ltd. (NSEI:RCOM) have extended discussion period for the possible merger of the two till June 22, 2016. RCom and Aircel talks, if successful, would lead to a combined entity holding 19.3% of the total spectrum allocated to the industry.

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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