Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Apr 7  Comment 
Idea Cellular is a 'BUY' call with a target of Rs 152 and a stop loss of Rs 139.
The Economic Times  Apr 4  Comment 
Large cap telecom stocks have upside, especially after underperformance & correction that they have witnessed. We essentially own Idea & are positive on this stock, he said.
The Hindu Business Line  Mar 25  Comment 
Idea Cellular, India’s third largest mobile operator by subscribers, has launched a music application.The application - musicHUB – permits subscribers to download music, stream songs...
The Economic Times  Mar 19  Comment 
'Our markets have always had a run up before the elections. It still remains to be seen what would happen in a month from now.'
The Economic Times  Mar 14  Comment 
Idea Cellular is a ‘SELL’ call with a target of Rs 127 and a stop loss of Rs 142.
The Hindu Business Line  Mar 11  Comment 
With social media driving Internet usage in the country, Idea Cellular is drawing plans to get more revenues from data services. It is planning to increase contribution from this segment to...
The Hindu Business Line  Mar 11  Comment 
Idea Cellular has launched two 3G smartphones, entering the 5.5 inches category. With this, the 3G phone range now numbers 15. The 5.5 inch Ultra II phone comes with an 8mp camera and a q...
The Hindu Business Line  Mar 10  Comment 
Gameloft, a global publisher of digital and social games, has partnered with Idea Cellular to offer quality gaming to more than 130 million subscribers of the country’s third largest telecom opera...
The Hindu Business Line  Mar 3  Comment 
Idea Cellular is using IBM’s systems to overhaul internal processes to improve its customer experience and billing and payment systems for its post-paid users. This is part of a 10-y...
The Economic Times  Feb 26  Comment 
Idea Cellular has partnered with online browser Opera Software to offer Internet access to its subscribers for as low as Rs 7 per day.





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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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