ALERT! Aircel users port to other numbers soon

NewsBharati    08-Nov-2017
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Mumbai, November 8: Days after Reliance Communications (R-Com) announced that it is shutting down its operations, Aircel is likely to follow the suit due to ongoing losses and high debts.The off of merger talks with RCom is said to be the final nail in the coffin for Aircel. 

The merger talks with RCom had fallen apart after the Supreme Court barred Aircel from selling its 2G and 3G spectrum. The Telco expected to transfer 89 million subscribers to other networks. With no 4G spectrum, Aircel have a debt of 20000 crore.

Meanwhile, Aircel has also been trying to minimise the scale of its operations and intends to focus on Jammu and Kashmir, Tamil Nadu and the Northeast, three regions from where it earns the maximum revenue.

Reliance Communications too is going through a rough patch. Reliance Communications and Swedish gear maker Ericsson had joined hands in 2013 to manage the wireline and wireless network of Anil Ambani's company. And now that the partnership is coming to an end, about 4,000 staffers of Reliance Communications are set to be re-absorbed by the firm.

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