Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Hindu Business Line  6 hrs ago  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  7 hrs ago  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...
The Economic Times  Jul 19  Comment 
According to ET NOW, Idea should report the highest sequential traffic growth for the industry. Revenues per minute are expected to come 1.5% higher.
The Economic Times  Jul 17  Comment 
Idea Cellular Ltd is a 'BUY' call with a target of Rs 144.50 and a stop loss of Rs 137.
The Economic Times  Jul 3  Comment 
Under the arrangement, Idea customers will get free 10 MB data usage for an entire day, sponsored by Quikr through Idea Web Pass on Opera Mini browser.
The Economic Times  Jul 2  Comment 
"Idea Cellular Ltd is a 'SELL' call with a target of Rs 126 and a stop loss of Rs 137.25."
The Hindu Business Line  Jul 1  Comment 
The Department of Telecommunications has issued a show-cause notice to GSM operator Idea Cellular for alleged violation of Cellular Mobile Telephone Services (CMTS) licence in Delhi service area.





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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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