Maxis denies report of Indian Aircel exit

KUALA LUMPUR, Sept 12 (Reuters) Biggest Malaysian cellular phone firm Maxis Communications Bhd denied on Wednesday a Times of India newspaper report that it planned to exit its Indian Aircel unit.

''This report is speculative, having no basis whatsoever,'' a Maxis spokesperson said in a statement sent by email.

''Maxis Communications is committed to the Indian telecommunications market as a long-term investor. Together with the Apollo Group, our Indian partner, Maxis is accelerating investments in network infrastructure to further develop Aircel as a strong Pan-Indian operator.'' REUTERS DKS SSC1525