Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Jun 20  Comment 
CLSA said it has cut its revenue and EBITDA forecasts for Idea in FY18 and FY19 by 1-7 per cent.
The Times of India  Jun 16  Comment 
Bharti Airtel, Vodafone and Idea Cellular on Friday demanded higher call termination charges from Reliance Jio, as they accused the new operator of engaging in predatory pricing and leading the industry into losses.
The Economic Times  Jun 14  Comment 
Benchmark NSE Nifty50 index was up 12.30 points at 9619.2, while BSE Sensex was up 64.49 points at 31167.98.
The Economic Times  Jun 1  Comment 
Sun Pharma emerged to be the most actively traded security on the NSE in Thursday's session.
The Economic Times  May 30  Comment 
While Bharti Airtel and Idea Cellular say some offers need to be kept confidential to retain existing users, Jio believes all plans must be made public on common platform.
The Hindu Business Line  May 29  Comment 
Idea Cellular has about 19 per cent of its total telecom towers run by hybrid power, a move that reduced carbon dioxide (CO2) emissions by 52,000 tonnes in 2016. The operator’s reconfigured sites hav...
The Hindu Business Line  May 26  Comment 
Idea Cellular has launched 4G services in Asansol town. Plans are afoot to extend the services to other towns in the state including Darjeeling, Kalimpong, and Bankura. Post the Asansol launch, Ide...
The Hindu Business Line  May 25  Comment 
Idea Cellular launched its 4G services in Mumbai with some agressive data tariffs offering unlimited voice calls for ₹395. Idea has a subscriber base of 4.4 million and revenue market share of 10.2 p...
The Hindu Business Line  May 18  Comment 
Full year consolidated net profit dips 43%
The Hindu Business Line  May 17  Comment 
Expanding its 4G connectivity in Rajasthan, Idea cellular launched 4G Internet services here on Wednesday.The company already has the 4G network at Bhiwadi, Bharatpur, Chomu, Ajmer, Sikar, Alwar, Jhu...





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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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