Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Dec 2  Comment 
Among other decliners, Idea Cellular slipped as much as 2.5 per cent, while Reliance Communications slides as much as 1.5 per cent.
The Economic Times  Dec 1  Comment 
The scrip has been the worst performer from the telecom pack, plunging 19 per cent in the past one month against 1.85 per cent and 0.85 per cent gains, respectively, for Bharti and Idea Cellular.
The Economic Times  Nov 30  Comment 
At 10:00 am, the Idea Cellular stock was trading 1.7 per cent lower at Rs 77.80. It hit a low of Rs 77.50 and a high of Rs 79.60 in the first 45 minutes of trade.
The Economic Times  Nov 29  Comment 
Insiders also estimate Idea’s cash-based collections as a percentage of its overall collections will be higher than nearest rivals, making it more vulnerable to demonetisation.
The Economic Times  Nov 29  Comment 
Formerly Telekom Malaysia, Axiata had originally asked Idea’s parent, the Aditya Birla Group, to buy back the holding but was turned down.
The Hindu Business Line  Nov 29  Comment 
Investors with a high-risk appetite can buy the stock of Idea Cellular. The stock has been on a long-term downtrend ever since recording a new high of ₹203 in April 2015. The stock decisively breached...
The Hindu Business Line  Nov 29  Comment 
The Hindu Business Line  Nov 29  Comment 
Shares of Tata Steel hit 2-week high as the company has signed an agreement with global industrial and metals group Liberty House to sell its speciality steel business in the UK for £100 million (₹85...
The Economic Times  Nov 29  Comment 
According to sources quoted in the report, Idea Cellular is looking to sell 11,000 telecom towers for close to USD 1 billion.
The Economic Times  Nov 29  Comment 
Buy Idea Cellular Ltd. at a price target of Rs 81 and a stoploss at Rs 72.5 from entry point





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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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