Bloomberg: Maxis may lose $7 bn as Aircel files for bankruptcy

Maxis LTE investmentMaxis Communications, Malaysia-based mobile carrier, may lose $7 billion as Aircel has filed to start insolvency proceedings in India. T Ananda Krishnan-backed Maxis entered Indian telecom market 12 years ago. Read the latest telecom news

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

Travel eSIM Market Growth Opens New Roaming Revenue Opportunity for Telecom Operators

Travel eSIM adoption is accelerating as international travelers seek...

Zain Group Revenue Hits $3.71 bn as 5G, AI and Data Drive 51.9 mn Customer Business

Zain Group reported strong growth in the first half...

Australia Telecom Revenue to Reach $22.5 bn by 2030 as 5G, Mobile Data and Fiber Drive Growth

Australia’s telecom and pay-TV services market is forecast to...

TRAI Launches Revamped MyCall App to Improve Voice Call Quality with 1-5 Star Ratings and Real-Time Consumer Feedback

Telecom Regulatory Authority of India (TRAI) has launched a...