What happened to Aircel customers?
What happened to Aircel customers?
A twitter user however pointed out that by February 21, customer care of Aircel Karnataka was taken over by Vodafone….Aircel Bankruptcy: 8.5 crore customers awarded a THENGA for their trust.
| Source : | SIFY |
|---|---|
| Author : | SIFY |
Will Aircel come back again?
“The earlier valuation has changed now due to the Covid-19 situation,” he said. However, the resolution plan will not see Aircel coming back as a telecom operator as it is not commercially viable due to the present market conditions.
Who is the owner of Aircel?
Maxis Communications
Apollo Hospitals
Aircel/Parent organizations
Is Aircel working now?
Aircel was founded by Chinnakannan Sivasankaran and commenced operations in Tamil Nadu in 1999….Aircel.
| Type | Private |
|---|---|
| Founded | Tiruvannamalai, Tamil Nadu Registered at Coimbatore, Tamil Nadu, India (1999) |
| Founder | Chinnakannan Sivasankaran |
| Defunct | 28 February 2018 |
| Fate | Bankrupt |
Is Aircel merged with Airtel?
Bharti Airtel has acquired Aircel’s 4G spectrum in eight circles for ₹3,500 crore in a deal that will enable the telecom operator to offer 4G services in all 22 circles of the country.
What is the Aircel Maxis case?
The case, which is being probed by the CBI and ED, relates to alleged irregularities in grant of Foreign Investment Promotion Board (FIPB) approval in the Aircel-Maxis deal. The FIPB approval was allegedly granted in 2006 when Chidambaram was the Union finance minister.
Is Aircel still active in Tamilnadu?
Maxis Communications held a 74% stake and Sindya Securities and Investments held the remaining 26%. Aircel was founded by Chinnakannan Sivasankaran and commenced operations in Tamil Nadu in 1999….Aircel.
| Type | Private |
|---|---|
| Website | aircel.com |
Is Aircel a 4G?
Aircel launched 4G services in Tamil Nadu and Jammu & Kashmir in August 2014, becoming the only private telecom operator to offer all the three existing technologies of 2G, 3G and 4G in these markets. On 16 July 2014, it launched 4G services in four circles Andhra Pradesh, Assam, Bihar and Odisha.
Where is Aircel now?
In April 2015, Aircel relaunched its service in Kerala. Now Aircel is under the Corporate Insolvency Resolution Process From 12 March 2018.
