Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Jan 2  Comment 
The company will sell five-year bonds at 7.77%, the company said in a notification to stock exchanges.
The Hindu Business Line  Jan 2  Comment 
Telecom major Idea Cellular today said it will raise Rs 1,000 crore from the market through issuance of unsecured NCDs.“The company is proposing to issue Unsecured Redeemable Non—Convertible Debentur...
The Hindu Business Line  Dec 27  Comment 
The Foreign Investment Promotion Board will consider 17 foreign investment proposals on Wednesday, including that of Idea Cellular Infrastructure Services (ICISL). The telecom service provider has fi...
The Economic Times  Dec 21  Comment 
Sell Idea Cellular at a price target of Rs 65 and a stop loss at Rs 77 from entry point
The Economic Times  Dec 15  Comment 
“The two companies have held negotiations for a transfer of all liabilities and assets without an actual payout,” a person familiar with the development told ET.
The Economic Times  Dec 14  Comment 
Buy Idea Cellular Ltd. at a price target of Rs 82 and a stop loss at Rs 74.5 from entry point
The Economic Times  Dec 13  Comment 
The Cellular Operators Association of India (COAI), which represents companies such as Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio Infocomm, has prepared a list of demands to be submitted to the finance minister ahead of the...
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.





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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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