Aircel

Defunct Indian telecommunications company

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%. 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. 2G and 3G Services including voice were shut down in all circles after failure of merger talks with Reliance Communications.

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The Delhi High Court has temporarily halted the trial court proceedings against senior Congress leader P. Chidambaram in the Aircel-Maxis money laundering case...
Credit: IndiaTimes - Published 12 hours ago

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