Aircel's asset
Aircel

@aircel.com

Aircel website

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Aircel is a telecommunications company based in India. Founded in 1999, Aircel has its headquarters in Chennai, Tamil Nadu. It started as a joint venture between Maxis Communications from Malaysia and Apollo Hospital Enterprise Ltd.


In 2006, Maxis acquired a majority stake in the company. Aircel provides a range of telecom services including mobile voice and data services, broadband, 2G and 3G services. It has a wide network coverage across India, with a strong presence in major cities and rural areas.


The company also offers various value-added services such as caller tunes, mobile banking, and pocket internet. On a global scale, Aircel operates primarily in India and does not have significant overseas operations. However, it has formed partnerships and alliances with several international telecom players, enabling its customers to enjoy roaming services in various parts of the world.


Aircel has also partnered with global tech giants like Nokia, Ericsson, and Huawei to enhance its network infrastructure and service quality. In terms of market position, Aircel was one of the leading telecom operators in India. However, in recent years, it faced financial difficulties and has filed for bankruptcy.


As of now, the company's future remains uncertain, and it has scaled down its operations significantly. In terms of major events and achievements, Aircel was the first operator in India to introduce Pocket Internet, providing affordable internet access to millions of people. It also launched several innovative products and services, including the introduction of the iPhone in India.


In recent years, Aircel faced intense competition from other telecom players in India, and it struggled to keep up with changing market dynamics and increasing debt. This led to a decline in its market position and ultimately, its current financial crisis. As of the latest update, Aircel's operations have been severely impacted by its financial troubles.


The company has stopped offering services in many regions and is in the process of resolving its financial issues. It is still uncertain if Aircel will be able to revive its operations or if it will exit the market entirely. In conclusion, Aircel is a telecommunications company based in India that offers mobile voice and data services, broadband, and various value-added services.


It has faced significant financial difficulties in recent years and has scaled down its operations. The future of Aircel remains uncertain, and it is currently dealing with the resolution of its financial crisis

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Company Type

Privately Held

Company Size

5001-10,000

Year Founded

1999

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