Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Feb 2  Comment 
Idea Cellular launched 4G services in Orissa, expanding its LTE services to eight circles and plans to launch Maharashtra & Goa and North East by March this year.
The Economic Times  Feb 1  Comment 
Experts say that the initial launch is to help top incumbents Bharti Airtel, Vodafone India and Idea Cellular protect key markets.
The Economic Times  Jan 25  Comment 
Carrier aggregation is key to an improved consumer experience in India where spectrum allocations are sparse for all operators.
The Hindu Business Line  Jan 22  Comment 
Idea Cellular proposes to roll out 4G LTE network in 750 towns under 10 circles by June this year, according to top company officials.“We will make it to 10 circles as early as by March but the target...
The Economic Times  Jan 22  Comment 
"As the supply of broadband services expand and demand slowly picks up, we may see some more declines in data data rates going forward."
The Economic Times  Jan 22  Comment 
Shares of Idea Cellular slipped nearly 5 per cent in morning trade on Friday and hit their 52-week low of Rs 108.50 on the BSE after the telecom major posted a 0.4 per cent year-on-year fall in consolidated third quarter net profit, which was...
The Hindu Business Line  Jan 22  Comment 
Idea Cellular hit its lowest intra-day level since April 11, 2013 on Friday. At about 10.20 am, the stock was trading down 6.28 per cent or Rs 7.15 at Rs 106.75 on the BSE. The stock was the bi...
The Hindu Business Line  Jan 21  Comment 
Telecom operator Idea Cellular today reported a marginal decline in consolidated net profit at Rs 764.21 crore for the quarter of 2015-16. The company had posted a net profit of Rs 767.06 crore for t...
The Hindu Business Line  Jan 21  Comment 
The Hindu Business Line  Jan 20  Comment 
Idea Cellular has announced the expansion of 4G LTE services across 18 towns in Kerala. Within a month of launch, the 4G LTE service footprint has been extended to cover a population of 50 lakh acr...
The Hindu Business Line  Jan 19  Comment 
Investors with a short-term perspective can consider going long in Idea Cellular. The stock surged 4.8 per cent on Tuesday. The stock had been consolidating sideways within its overall downtrend betw...
The Hindu Business Line  Jan 19  Comment 





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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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