Maxis Communications acquires Aircel Ltd

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Sushubh

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Maxis Communications is the Malaysia’s biggest mobile phone company and they have just announced plans to take over the Indian mobile service provider Aircel Ltd. The deal is worth close to $1.08 billion and the aim is to expand their operations in the market, which is expected to quadruple in four years. As per this deal, Maxis will control 74 percent of Aircel to comply with the government of India policies.

More: http://broadbandforum.co/345/311...res-aircel-ltd/
 
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