Aircel
 |
|
| Joint Venture (In process of merging with wireless business of Reliance Communications) | |
| Industry | Telecommunications |
| Founded | 1999 |
| Headquarters | Gurgaon, Haryana, India |
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Key people
|
Kaizad Heerjee, CEO |
| Products | Mobile telephony, wireless broadband |
| Revenue |
 US$ 1.159 billion (2012) |
| Members | 90.34 million (June 2015) |
| Parent |
Maxis (74%) Sindya Securities and Investments (26%) |
| Website | aircel |
Aircel Indian mobile network operator headquartered in Gurgaon, which offers voice and 2G, 3G and 4G data services. Maxis Communications holds a 74% stake and Sindya Securities and Investments holds the remaining 26%. Aircel was founded by C Sivasankaran and commenced operations in Tamil Nadu in 1999. It is the sixth largest mobile service provider in India with a subscriber base of 83.05 million subscribers as of June 2015. Aircel is a market leader in Tamil Nadu and has considerable presence in Odisha, Assam and North-East telecom circles.
Aircel was founded by Chinnakannan Sivasankaran and started its operations in the Tamil Nadu telecom circle in 1999. It became the leading operator in Tamil Nadu and one of the fastest growing mobile operators in India. Malaysian telecom company Maxis Communications bought a 74% stake in the company from Sivasankaran in 2005. The remaining 26% stake is held by Sindya Securities and Investments promoted by Suneeta Reddy, Managing Director of Apollo Hospitals.
In 2012, as a part of a major re-organization in its operations, the company scaled down its operations in five telecom circles, namely Madhya Pradesh, Gujarat, Haryana, Kerala and Punjab. In April 2015, Aircel relaunched its service in Kerala.
On 14 August 2016, Reliance Communications (RCom) and Maxis Communications announced that they would merge their mobile network operations. The deal is the largest consolidation in Indian telecom history, and will create the third largest mobile network operator in the country by subscribers and by revenue. RCom and Maxis will each hold 50% stake in the merged entity, with equal representation on the board of directors and all committees. RCom will continue to operate in the enterprise segment and data centre businesses as a standalone entity.
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