Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Aug 27  Comment 
Sunil Mittal-led Bharti Airtel and No 3 carrier Idea Cellular cornered maximum incremental revenue market share in the fiscal first quarter 2015-16.
The Hindu Business Line  Aug 14  Comment 
Telecom service provider Idea Cellular spurted 3 per cent to emerge the top gainer on the NSE in the Friday morning session. At 10.24 am it was quoting at Rs 161.85 against Rs 157.20 at close yest...
The Economic Times  Aug 5  Comment 
'Idea Cellular Ltd. is a 'SELL' call with a target of Rs 154 and a stop loss of Rs 168.55'
The Economic Times  Aug 3  Comment 
The core members of COAI include Bharti Airtel, Vodafone, Idea Cellular, Reliance Jio Infocomm, Uninor, Aircel and Videocon Telecom.
The Economic Times  Jul 23  Comment 
'Idea Cellular Ltd. is a 'SELL' call with a target of Rs 165 and a stop loss of Rs 181'
The Economic Times  Jul 22  Comment 
Idea Cellular, the country’s third largest telecom operator, added maximum 1.62 million GSM subscribers in the month of June, ahead of leading telco Bharti Airtel.
The Economic Times  Jul 22  Comment 
Tuesday, post market hours, Idea said its consolidated net profit for the fiscal first quarter rose nearly 28 per cent on year.
Reuters  Jul 21  Comment 
* Indian mobile operators bracing for new rival Reliance Jio (Recasts with capex guidance, adds CEO comment)
The Hindu Business Line  Jul 21  Comment 
Telecom major Idea Cellular today posted a higher net profit of Rs 930.80 crore for the quarter ended June 30, 2015. This is against a net profit of Rs 728.20 crore in the corresponding period last...
The Economic Times  Jul 21  Comment 
'Idea Cellular Ltd. is a 'BUY' call with a target of Rs 188 and a stop loss of Rs 183'





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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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