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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Sunrise to Cut 147 Jobs as Telecom Implements New Corporate Organisation

Sunrise has confirmed plans to cut 147 jobs as...

MTN in advanced talks to acquire remaining 75% stake in IHS Towers

MTN Group has confirmed it is in advanced discussions...

Vodafone Q3 FY2026 revenue rises 6.5% to €10.5 bn as Africa drives service growth

Vodafone reported solid financial performance for the third quarter...

Globe Telecom Posts Record ₱165.1 bn Service Revenues in 2025 on Strong Mobile Data and Fiber Growth

Globe Telecom delivered a record-breaking financial performance in full-year...