Aircel eyes eleven new circles, papers say

9 Aug 2006

Chennai-based mobile operator Aircel has applied for new mobile licences covering eleven telecoms circles in a bid to become a pan-Indian operator, according to local press. Aircel currently provides services in Tamil Nadu, West Bengal, Orissa, Assam, North East and Jammu & Kashmir. It has reportedly applied to expand to Delhi, Karnataka, Anddhra Pradesh, Gujarat, Kerala, Maharshtra, Bihar, Himachal Pradesh and Madhaya Pradesh, Uttar Pradesh (East) and Uttar Pradesh (West). Malaysia’s Maxis Communications acquired a majority stake in Aircel for USD1.08 billion in January, fighting off a rival bid from Telekom Malaysia. Maxis says it plans to spend as much as USD1 billion to expand the operator’s coverage and services.

India, Aircel