Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Sep 10  Comment 
Idea Cellular Ltd is a 'BUY' call with a target of Rs 181 and a stop loss of Rs 170.
The Economic Times  Sep 4  Comment 
At 09:40 AM; Idea Cellular was trading 3 per cent lower at Rs 167.10. It hit a low of Rs 164.60 and a high of Rs 170.45 in trade today.
The Economic Times  Sep 3  Comment 
Say RBI approval will allow the telecom operators to operate on a low-cost model and meet the government's financial inclusion targets.
The Economic Times  Sep 3  Comment 
Providence is planning to sell its 9.31% stake in Idea through block trades, either all at once or in two or more lots, these people said.
The Hindu Business Line  Sep 1  Comment 
Canadian handset maker BlackBerry has partnered with GSM operator Idea Cellular to offer 1GB data plan to its customers. Under the offer, Idea users with BlackBerry OS 7 devic...
The Economic Times  Sep 1  Comment 
"Idea Cellular Ltd is a 'BUY' call with a target of Rs 165."
The Economic Times  Aug 24  Comment 
The service was launched in Mumbai in July and it will be expanded across the country in a phased manner, a company source said.
The Economic Times  Aug 12  Comment 
Uninor added the 2nd most no. of subscribers in May and June, competing with Bharti Airtel, Vodafone India, Idea Cellular etc. having pan-Indian networks.
The Economic Times  Aug 11  Comment 
The telco said that new stores are in line with its core focus of enhancing customer satisfaction by providing the best brand and service experience.
The Hindu Business Line  Aug 7  Comment 
PSU says private operator has not signed fresh agreement





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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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