7. Aircel
Ownership: Privately-held by Maxis Communications and Sindya Securities & Investments.
Date of Establishment: 1999
Market Share: 6.90 percent

Brief Description: Aircel is an Indian telecom service provider jointely held by the Maxis Communications and Sindya Securities & Investments Private Limited. The Malaysian-based Maxis Communications hold a majority stake of 74 percent in the company. The current share-holders of Sindya Securities & Investments are the Reddy family that is famed for its Apollo Hospitals Group of India.  Headquartered in Chennai, it is one of the leading telecom service providers in Tamil Nadu, North East, Assam and Chennai. With a subscriber base of nearly 51.83 million, it is ranked seventh among the Indian mobile service providers (GSM & CDMA) and fifth among the GSM mobile service providers. The company has also obtained permission from the Department of Telecom (DoT) for providing International Long Distance and National Long Distance telephony services.

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