It could hand off its other wireless assets, including nearly 89 million subscribers, to a larger telecom player and its 40,000 towers to another entity, they said. Aircel didn’t respond to queries.The scenario could change if the Supreme Court clears any move by Aircel to sell its airwaves. 1 by revenue market share, and a rapidly expanding Reliance Jio Infocomm . However, given their moves, their appetite for more at a higher value may not exist. Given that Idea-Vodafone combined have to play a catch-up game on 4G, versus Jio and Airtel, their ability to accord greater value to Aircel cannot be ruled out,” Kapoor said.

Source: Economic Times November 06, 2017 18:33 UTC