Aircel bankruptcy News
State-owned BSNL too joined adding Aircel customers saying it registered more than one lakh customers of Aircel opting its network.
Aircel has filed for bankruptcy saying high debt and mounting losses, following a price war triggered by a new entrant, have led the company to troubled times.
Know the top 10 updates on Aircel bankruptcy.
Aircel, 74 per cent owned by Malaysia's Maxis Communications Bhd, first tried a merger with Reliance Communications Ltd but the plan failed.
Aircel has reportedly warned its employees to be ready for “difficult” times ahead in the wake of funding crunch.
Customers of telecom service provider Aircel in Chennai are facing a tough time as they are rushing to apply for mobile number portability amidst reports of closure of the company's services
Aircel may soon file for bankruptcy at the National Company Law Tribunal (NCLT).
The lenders are scheduled to meet on Tuesday to decide on appointments and the future course of action.
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