Aircel, country’s last small mobile phone operator, files for bankruptcy
Aircel, the debt-ridden mobile service provider, and its two units filed for bankruptcy in the National Company Law Tribunal, underscoring the struggles of India’s smaller telcos in a brutally competitive market amid a crackdown on large loan defaulters. Detailed talks with...
Aircel, country’s last small mobile phone operator, files for bankruptcy
Aircel, the debt-ridden mobile service provider, and its two units filed for bankruptcy in the National Company Law Tribunal, underscoring the struggles of India’s smaller telcos in a brutally competitive market amid a crackdown on large loan defaulters. Detailed talks with...