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Aircel denies reports of partly shutting

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Telecom carrier Aircel on Friday denied media reports that it was partly shutting down its operations, saying it was making efforts to build a profitable business. "Media reports about Aircel as regard insolvency or shutting down operations in 14 circles is completely speculative & misleading," Aircel said in a statement. 

Earlier this month, local ratings agency CARE said the carrier, majority owned by Malaysia's Maxis Communications Bhd, had delayed servicing its debt obligations.

https://timesofindia.indiatimes.com/busi...781623.cms


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