Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  8 hrs ago  Comment 
Earlier this year, Nokia Networks had also bagged a contract from Vodafone India to upgrade and modernise the company’s existing 2G and 3G networks.
Telecom Ramblings  Jul 28  Comment 
This article was authored by John C. Tanner, and was originally posted on telecomasia.net. Many telcos are worried about OTT voice/messaging services cannibalizing their revenues. India’s Idea Cellular is not one of them – at least on the...
The Economic Times  Jul 26  Comment 
Idea's share price is likely to strengthen on the back of consistently good Q1 show and a regulatory proposal that is seen reducing network congestion.
The Hindu Business Line  Jul 24  Comment 
The securities allotment committee of the board of directors of Idea Cellular on Thursday allotted 5.183 crore equity shares of face value of ₹10 each to Axiata Investments 2 (India) Ltd at...
The Hindu Business Line  Jul 22  Comment 
On Tuesday, the stock of Idea Cellular jumped 4.8 per cent accompanied by extraordinary volume on strong Q1 earnings. As this could be a key trend reversal for the stock, traders with a sho...
The Hindu Business Line  Jul 22  Comment 
Idea Cellular shares surged on Tuesday after the GSM operator announced a 57.4 per cent rise in consolidated net profit at Rs 728.2 crore for the first quarter ended June 30, 2014. At 10....
Reuters  Jul 22  Comment 
Reuters Market Eye - Shares in telecom operators gain after Idea Cellular's April-June profit beat estimates and after the sector regulator issued guidelines for mobile phone spectrum sharing between carriers that is seen benefiting the bigger...
The Economic Times  Jul 21  Comment 
Idea Cellular which today reported a 57% jump in net income at Rs 728.2 crore for the June quarter, driven by higher demand in mobile Internet services.
The Hindu Business Line  Jul 21  Comment 
Shares of Idea Cellular will remain in focus on Tuesday, as the company's first quarter financial performance in the current fiscal exceeded expectations. Idea Cellular, in which Malaysi...
The Hindu Business Line  Jul 21  Comment 
Aditya Birla group company Idea Cellular has recorded a 57.4 per cent rise in net profit for the first quarter ended June 30, 2014. The telecom operator’s net profit went up to ₹728.2 cr...





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History

Idea cellular Ltd. is one of the bigger players in growing Telecom sector of India.

Initially the Birlas, the Tatas and AT&T Wireless each held one-third equity in the company. But in 2004 AT&T merger with Cingular lead to sale its equity share to Tata and Birlas in equal propotion.

After that TATA ventured in CDMA service with TATA indicom that arises differences between both the partners. (Tata and Birala's)

Following that when TATA Indicom applied for license in Mumbai DOT India refuses to give license. (A single company cant operate in a sector with two different operators i.e. Idea and tata indicom)

Then in 2006 Aditya Birla Group bought out Share of TATAs in Idea cellular.

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