Searched for
AIRCEL PROFIT
Stocks in news: SBI Life, Trent, Tata Investment, HCL Tech, Suzlon EnergyIn today's trade, shares of SBI Life, Trent, Tata Investment, HCL Tech, Suzlon Energy among others will be in focus due to various news dev...- Vodafone, Idea may take legal action against Aircel to recover duesAircel owes about Rs 60 crore to Idea Cellular including interconnect usage charges (IUC), and a similar estimated amount to Vodafone India...
- Aircel makes desperate calls to Reliance Jio, Airtel to keep network runningIntense competition in India’s telecom market has hurt operators including Aircel, which is facing partial network shutdowns and going thro...
- Aircel warns staff to brace for ‘difficult’ times aheadThe telco’s operations have been hurt by intense competition in a sector that has been a drag on the revenue and profitability of even the ...
- Debt-laden Aircel to file for bankruptcy at NCLTMalaysian parent company Maxis had earlier proposed a cash infusion to support the debt-laden company but has pulled the plug, said one of ...
- Aircel lenders led by SBI agree to restructure debtThe banks will now take shares in Aircel to replace their loans and may recover their dues in an eventual sale of assets or of the company.
- Aircel plans to halt services in six loss-making circlesAircel will shortly inform the regulator and its subscribers of its decision to withdraw from these areas while continuing to provide servi...
- Lenders may push Aircel to buy GTL’s $2.5bn tower companyGTL Infra, which is now majority owned by lenders under the strategic debt restructuring programme, is running a sale process as mandated b...
- Lenders may push Aircel to buy GTL’s $2.5bn tower coBased on recent deal-making in telecom towers, media reports said GTL was expecting the bidders to value the company at around Rs 15,000 cr...
- After RCom, Aircel becomes second major telco in India to default on debtAs a result, rating agency CARE-which put Aircel's long term bank facilities to Rs 17479 crore, downgraded the telco to a default (D) grade...
- NCLT approves withdrawal of RCom, Aircel merger dealThe order also approved withdrawal of demerger of tower business of Reliance Infratel to Towercom Infrastructure, the filing said.
- Aircel likely to go for debt restructuringA strategic debt restructuring program (SDR) is the only option left for the Malaysia’s Maxis-owned telco that cannot adopt the bankruptcy ...
- Lenders may move SC to avert Rs 30,000 crore Aircel blowBankers say nearly Rs 30,000-crore debt will become unserviceable if the apex court cancels the telco’s licence.
- Reliance Communications, Aircel and Sistema begin talks for three-way mergerThe first phase of the broader deal could see MTS merge into RCom through a share-swap arrangement, talks for which are at an advanced stage
- Aircel plans to buy back previously sold telecom towers to GTL InfrastructureThe company reached break-even last year, and is focussed on "profitable growth," chief marketing officer Anupam Vasudev said.
- Aircel may become second telco to launch 4G in IndiaAircel could become the second company to launch 4G services in India when it launches them in its established cities over the next 3-6 mon...
- Aircel lenders mull equity infusion from Maxis, merger with Tata TeleservicesThey are exploring a range of options, including a possible merger with Tata Teleservices as well as infusion of addition equity from Maxis...
- Aircel to cut 600 jobs amid surging costs, severe margin pressureAircel will cut 12% of its workforce following its decision to reduce operations in five unprofitable regions amid surging costs and severe...
- Aircel fetches 14.5 pc rev to Maxis kitty in Q3India, the world's fastest growing wireless market is proving to be a goldmine for foreign telecom companies having stakes in local venture...
- Maxis of Malaysia to pump in Rs 2,200 cr into AircelMalaysia’s leading telecom service provider, Maxis Communications, will invest RM 1.7bn (Rs 2,200 crore) in the current financial year into...
Load More
