Aircel hopes restructuring will move it into the black

29 Aug 2013

Indian mobile operator Aircel has revealed that it is hoping to reach operating profit break-even in nine or ten regions by the end of the current financial year to March 2014. The firm says its ongoing restructuring programme has seen it reach break-even in seven operating circles, up from five earlier this year. In total, Aircel has licences covering 23 telecoms circles across India. Under the new plan, The Business Standard reports, the company has merged its network and operations divisions to ensure it offers a harmonised portfolio across all customer groups, while it is also looking to rely more on roaming agreements with other operators in areas outside major cities, to reduce infrastructure costs. The strategy also involves renegotiating terms with its numerous vendors to help cut equipment costs.

India, Aircel