Jun 23, 2009

Aircel to sell 12,000 towers

Aircel, India's one of the leading service provider is in process of selling its 12,000 mobile telephone towers to raise money as it expands into new territories and readies for the auction of wireless airwaves to provide high-speed data services. Aircel is in talks with tower operator Tata-Quippo and appointed Nomura and Rotschild as adivsors for the transaction. 


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