Mobile carrier Aircel files for bankruptcy
- 28-Feb-2018
MUMBAI: Indian mobile carrier Aircel Ltd has filed for bankruptcy, it said on Wednesday, pressured by a high debt pile and mounting losses following a price war triggered by a telecom upstart. Talks between Aircel, 74 percent owned by Malaysia’s Maxis Communications Bhd, and Reliance Communications Ltd (RCom) to combine their wireless operations ended late […]