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AIRCEL REVENUE
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...- Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
- 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...
- NCLT believes Aircel has potential to revive businessOne of the operational creditors, which filed to be party to the case to protect its dues of almost Rs 1,000 crore, has been allowed to lod...
- GTL Infra plunges 20% on Aircel insolvency worriesThe stock plunged 19.85 per cent to Rs 3.11 on Friday.
- GTL Infra cuts outlook on Aircel bankruptcy filingAircel filed for bankruptcy on March 1, and on Thursday its petition for insolvency was accepted by the NCLT.
- 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 ...
- 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...
- 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...
- Birth of telecom giants: New pecking order can make battlefield more daunting for Reliance JioIf RCom-Aircel, Tata Tele and MTS merge, they could create a strong No. 3 telco behind the proposed Vodafone-Idea combine and Bharti Airtel.
- Aircel goes for big job cut, 700 to get pink slips nowCellular services major Aircel is all set to give pink slips to 700 staff - around 10% of its pan-India staff strength.
- Banks tell Supreme Court action on Aircel will hit them tooIn its plea to the apex court, the lenders said that shares of Aircel are secured with them and cannot be transferred or sold by shareholde...
- RCom-Aircel extend merger deal talks again, now by a month to June 22RCom is simultaneously merging Sistema Shyam Teleservices' wireless business with itself. Under the structure being discussed, RCom is like...
- Aircel allows users to design their own bill planAircel's new service allows post-paid and pre-paid customers to create voice, messaging and data plans as per their usage patterns.
- Aircel Bengal aims for break-even by 2014-15Aircel aims to achieve break even for Kolkata and Bengal circles by 2014-15 fiscal with healthy growth of revenue.
- Aircel aims to raise VAS revenues in East zone to 25% in FY'14Aircel is aiming to increase its revenues from value-added services to 25 pc of the total turnover in the current fiscal from 18 per cent i...
- GTL completes Aircel tower deal,sees Rs720cr revenue this fiscalThe world's largest telecom masts company GTL Infrastructure on Monday said it has completed the acquisition of 17,500 telecom towers of Ai...
- Corridor of Certainty: Aircel on the 3G turfAircel's strategy, which E&Y helped devise, has led to the telco emerging as the smartest bidder in the just concluded 3G auctions.
- Per-second billing unsustainable: AircelAircel Cellular, promoted by Malaysia’s Maxis Communications, on Thursday said it was targeting 100 million users by 2012, over three-fold ...
- 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...
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