India's Mobile War Claims New Victim, Aircel

The video discusses the bankruptcy of Aircel, a major telecom carrier, highlighting the challenges faced by foreign investors in India's competitive telecom market. It examines the implications of India's new insolvency law, introduced in 2016, and the impact of intense market competition and price wars. The financial stakes for Malaysia's third richest man and the broader implications for India's bankruptcy code are also explored.

What major challenge did Aircel's Malaysian backer face in the Indian market?

• High regulatory costs

• Limited access to capital

• Difficulty succeeding in a crowded telecom market

• Lack of technological infrastructure

What significant test does Aircel's bankruptcy present for India?

• Its economic growth strategy

• Its telecom regulations

• Its foreign investment policy

• Its new insolvency law

What strategy did local players in India's telecom market use to compete?

• Offering free international calls

• Slashing prices

• Expanding network coverage

• Investing in 5G technology

How much does Malaysia's third richest man stand to lose due to Aircel's bankruptcy?

• 8 billion

• 7 billion

• 6 billion

• 5 billion

Why is Aircel's bankruptcy significant for India's bankruptcy code?

• It affects multiple industries

• It is the first case under the new code

• It involves a large financial stake

• It tests the code on a larger scale