Aircel

Aircel
Company typePrivate[1]
IndustryTelecommunications
Founded1999; 25 years ago (1999)
(in Tiruvannamalai, Tamil Nadu, India
Registered at Coimbatore, Tamil Nadu, India)[1]
FounderChinnakannan Sivasankaran
Defunct28 February 2018; 6 years ago (2018-02-28)[2]
FateBankrupt
HeadquartersOpus Centre, 47, Central Road, MIDC, Andheri, ,
India[3]
ServicesMobile telephony, wireless broadband
Owners
Websiteaircel.com

Aircel Ltd. was an Indian mobile network operator headquartered in Mumbai that offered voice and 2G and 3G data services. Maxis Communications held a 74% stake and Sindya Securities and Investments held the remaining 26%.[4] Aircel was founded by Chinnakannan Sivasankaran and commenced operations in Tamil Nadu in 1999. It was once a market leader in Tamil Nadu and had considerable presence in Odisha, Assam and North-East telecom circles.[6] 2G and 3G Services including voice were shut down in all circles after failure of merger talks with Reliance Communications.[7]

  1. ^ a b "FAQ" (PDF). Archived from the original (PDF) on 16 September 2018. Retrieved 1 July 2018.
  2. ^ "Aircel goes bankrupt, becomes fourth telecom player to bow out as cut-throat price war takes toll". Business Today. Retrieved 1 July 2018.
  3. ^ "Contact Us". Aircel. Archived from the original on 20 June 2018. Retrieved 1 July 2018.
  4. ^ a b "The Star - Business - Maxis owns 74% of Aircel". Biz.thestar.com.my. 29 August 2009. Retrieved 28 June 2012.
  5. ^ "Apollo group, Prathap C. Reddy have no investment in Aircel".
  6. ^ "Chinnakannan Sivasankaran: The Visionary Behind Aircel's Journey". Bru Times News.
  7. ^ "Aircel optimises 2G/3G network using Astellia intelligence". The Economic Times. 16 December 2014.