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Introduction
Maxis’ expansion into Indonesia and India is another milestone in our aspiration to be the regional communications leader of choice. Maxis currently owns 74% equity interest in Aircel, India and 44% equity interest in NTS, Indonesia. These acquisitions give Maxis a strong foothold in two of the world’s most attractive high-growth, low-penetration markets.

   
 
   
  Maxis in India
Maxis completed the acquisition of a 74% stake in Aircel on March 21, 2006. Aircel is the fifth largest GSM mobile service provider in India, serving over 7.6 million subscribers, and is the fastest growing telecom company in India today. Aircel was also rated amongst the fastest growing Small and Medium Enterprises in the country*.
 
Aircel has a strong regional presence in the Southern and Eastern parts of India. As of end August 2007, Aircel has operations in 9 of the 23 telecom circles of India - Chennai, Tamil Nadu, West Bengal, Orissa, Assam, North East, Jammu & Kashmir, Himachal Pradesh and Bihar - and plans to launch its 10th circle in Kolkata during December 2007.
 
Having received mobile licenses for all the remaining 14 circles in November 2006, Aircel is now poised to become a pan-India telecom player. Aircel is expected to expand its operations via the commercial launch of the new circles (in a phased manner) as and when the spectrum is received from the Government of India. Aircel is still awaiting spectrum allocations for 13 of the new circles. Additionally, Aircel has obtained approval from the Department of Telecommunications (DoT) to provide International Long Distance (ILD) and National Long Distance (NLD) telephony services.
 
Aircel’s network provides 2G and GPRS services, and is fully EDGE enabled. It has also successfully concluded 3G trials on its network. Aircel is amongst the first to pioneer WiMax in India. In December 2006, it became the first operator in India and amongst the few in the world to provide a pan-city WiMax coverage. The WiMax services are targeted at the SME and enterprise markets. Aircel has since extended its WiMax coverage to the top 30 cities across India.

With a broad range of new propositions for its customers and key initiatives on branding, network coverage, innovative product and service offerings and refreshing customer experiences, Aircel has charted out a path for continued growth and building the most exciting telecom brands in India.

Aircel currently have 1,700 personnel, with an additional outsourced workforce of 1,300 personnels.

* Business World, June 2007.

Aircel’s current and proposed footprint is illustrated below.

   
 
  Aircel’s footprint
 
Maxis in Indonesia
The equity interest of PT Natrindo Telepon Seluler (NTS) is held 51% by STC, 44% by Maxis, and 5% by Indonesian shareholders. This strategic partnership is expected to bring significant benefits to NTS and other stakeholders as it will allow the company to accelerate its network expansion in Indonesia, generate new employment opportunities in the telecommunications sector and contribute to the transfer of technology and skills to NTS.

With an aggressive strategy to enter the market, capability to ramp-up network rollout and funding availability, NTS is in a position to launch commercial services by early 2008.


   
   
 

 

   


 

      
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