Maxis denies plans to quit Aircel (India)Malaysian cellco Maxis Communications has denied reports carried by the Times of India newspaper claiming that it is planning to exit its Indian Aircel unit. ‘This report is speculative, having no basis whatsoever,’ a Maxis spokesperson said in a statement sent by email. ‘Maxis Communications is committed to the Indian telecommunications market as a long-term investor. Together with the Apollo Group, our Indian partner, Maxis is accelerating investments in network infrastructure to further develop Aircel as a strong Pan-Indian operator.’
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