Customers are leaving Aircel in droves, so it's probably safe to assume that deal's a duster.
Move forward and continue discussions with other Indian Telcos.
Whether Aircel becomes a takeover target or not is now questionable.
https://qz.com/1213148/a-million-ai...e-gone-silent-as-the-firm-gasps-for-survival/
Ann: Landmark agreement with global mobile manufacturer Alcatel, page-16
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