Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Hindu Business Line  12 hrs ago  Comment 
Shares of telecom services provider Idea Cellular hit over 2-week high on positive management comments.The stock jumped as much as 5 per cent to their highest since June 10.The company management had ...
The Economic Times  Jun 24  Comment 
"Inflation is under check, we are very focussed on fiscal deficit. Transparency in allocation of resources will auger well for India," he said.
The Economic Times  Jun 24  Comment 
Brokerage HSBC expects a lot of the spectrum to remain unsold since 70% of the planned auction receipts are proposed to be driven by take-up in 700 MHz band.
The Economic Times  Jun 23  Comment 
Brokerage HSBC expects a lot of the spectrum to remain unsold since 70% of the planned auction receipts are proposed to be driven by take-up in 700 MHz band.
The Economic Times  Jun 22  Comment 
Interested prepaid consumers and retailers can gift free 100 MB data for a month by entering the Idea mobile number of non-internet users.
The Economic Times  Jun 15  Comment 
It was followed by Bharti Airtel with 1.18 per cent, Vodafone with 1.04 per cent and Idea Cellular with 0.85 per cent whereas the industry average stood at 0.85 per cent.
The Economic Times  Jun 15  Comment 
The body representing top telcos such as Bharti Airtel, Vodafone India and Idea Cellular further alleged that the regulator, through the exemption to the discriminatory tariffs order, has allowed a “backdoor entry” of differential pricing...
The Economic Times  Jun 15  Comment 
The global brokerage firm believes that the top 2 telcos are gaining higher incremental market share at expense of Idea. BofA-ML find risk reward balanced with slower revenue growth, and risks of equity dilution.
The Economic Times  Jun 15  Comment 
India’s no. 1 carrier captured the highest incremental AGR market share of nearly 41% in the quarter, while Idea’s grew to 32.5%.
The Economic Times  Jun 10  Comment 
COAI represents India’s top telecom operators such as Bharti Airtel, Vodafone India and Idea Cellular, besides newcomer Reliance Jio Infocomm.





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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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