Center gives ‘secret letter’ on ED official: Swamy alleges sabotage in Aircel-Maxis case

BJP leader Subramanian Swamy has expressed suspicions of an ‘internal sabotage’ of the investigations into the so-called Aircel-Maxis scam, in which the accused include former finance minister P Chidambaram and son Karthi. “BJP government at Centre, judging by today proceedings on Aircel Maxis in SC, is under internal sabotage. Have to find out who is […]

Reliance Jio arrests trend of declining net additions; user activity increases

Reliance Jio, India’s newest operator, added 5.94 mln subscribers in September, breaking a declining trend in net additions and taking the total subscriber number to 138.62 mln (13.86 cr). Even as the company increased its subscriber numbers, it was also able to reduce the proportion of inactive or switched-off users on the network. SEPTEMBER BLUES […]

Competition Commission clears RCom-Aircel merger

Anil Ambani Group said the Competition Commission of India has cleared the merger of its telecom unit Reliance Communications with the wireless operations of Aircel Cellular, owned by Maxis Berhad of Malaysia. The clearance was expected since the two companies have very small market shares. The deal had got approval from the Securities and Exchange […]

Aircel makes CALLS, DATA FREE at Rs 249 per month

Aircel today started offering unlimited calls to any number in the country under two special recharge plans — Rs 12 for one day and Rs 249 for 28 days. RC12 offers customers with Unlimited Local and STD calling across all networks with a validity of one day. Unlike earlier packs, the calls are not restricted […]

RCom, Aircel to reveal post-merger plans tomorrow?

Anil Ambani Group’s Reliance Communications is all set to make a ‘major announcement’ in Mumbai tomorrow, the company said in an invite for journalists. Though the exact nature of the announcement was not revealed, it is being suggested that the company is likely to unveil something related to its ongoing merger with Aircel Cellular, even though the invite sounds […]

Bharti Airtel completes Aircel 4G spectrum purchase in 7 out of 8 circles

Bharti Airtel said it has completed the purchase of 2.3 GHz 4G spectrum from Aircel Cellular in 7 out of the 8 circles mentioned in an agreement between the companies earlier this year. These seven circles are Tamil Nadu, Bihar, Jammu & Kashmir, West Bengal, Assam, North East and Orissa. With this, only the transaction […]

RCom, Aircel shareholders to sign merger agreement ‘shortly’

Reliance Communications and the shareholders of Aircel Cellular said they expect to be able to “shortly” sign an agreement for the merger of the latter’s wireless operations into the Anil Ambani company. “Maxis Communications Berhad and Sindya Securities and Investments Private Ltd expect to sign binding definitive documentation and announce the proposed Transaction for the […]

RCom, Aircel makes ‘substantial progress’ in merger talks

Anil Ambani group’s Reliance Communications and Aircel Cellular, a unit of Maxis of Malaysia, have again extended talks for merging the wireless operations of the latter with the former by 30 days. The companies noted that ‘substantial progress’ has been made in the matter. “Based on the substantial further progress made, RCOM, MCB and Sindya […]

Reliance Communications extends merger talks with Aircel

Anil Ambani-owned Reliance Communications said it had decided to extend its talks with Aircel Cellular owned by Malaysia’s Maxis group. It said “based on the good progress made so far, it has extended the exclusivity period with Maxis Communications Berhad (MCB) and Sindya Securities and Investments Private Limited, the shareholders of Aircel Ltd, by 60 […]

RCom-Aircel merger would be a coup for Anil Ambani

After signing a merger deal with MTS, Anil Ambani’s Reliance Communications is now targeting Aircel Cellular for a merger deal that will be a major coup for the younger Ambani brother. The Mumbai-based company it has entered into a 90-day exclusivity period with Maxis Communications Berhad (MCB) and Sindya Securities and Investments Private Limited, the […]

Jio Effect: Aircel slashes 3G rates; Will others follow?

Back in 2011, when 3G services were starting to be launched, there would be new announcements every three or four weeks from each operator on new tariff plans. Some would offer ‘free 3G’ along with voice recharge, some would offer combo plans, some heavy usage plans such as 10 GB for Rs 999 and so […]

Spectrum trading – Aircel planning to sell its spectrum in circles like Kerala, Punjab etc?

With spectrum trading rules promulgated, all eyes are on two key players — Aircel Cellular and Tata Teleservices — wondering whether they will sell coveted 3G and 4G spectrum held with them. Operators like Bharti Airtel, Vodafone and Idea Cellular are known to be keen to buy spectrum from these operators. Adding fuel to speculation […]

DoT rule may keep spectrum swapping out of reach of certain operators

The Department of Telecom is unlikely to allow all telecom operators to conduct spectrum swapping, and permit only those players who hold only auctioned spectrum to do so. This move is likely to severely restrict the benefits and applicability of spectrum swapping as ‘subsidized spectrum’ allocated in earlier years is lying co-mingled with newer auctioned […]

Aircel announces emergence measures in Jammu Kashmir, 2G network up again

Aircel Cellular said it has restored its 2G services in most part of the Kashmir region, enabling thousands of people stranded to connect with their families and friends. Aircel 2G is operating in Anantnag, Bandipora, Shopian, Kulgam, Pulwama, Srinagar, Budgam, Bonigam and Ganderbal, the mobile operator said. Jammu and Kashmir has been hit by floods […]