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...

by Nagpur Today | Published 7 years ago
By Nagpur Today On Thursday, March 1st, 2018

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...