Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Apr 21  Comment 
Bharti Airtel, Vodafone India and Idea Cellular who account for 85% of Indus Towers’ revenue, have not set the ball rolling for expansion.
The Times of India  Apr 17  Comment 
US private equity firm Providence is looking to sell its 5 per cent indirect holding in Indus Towers by offloading its stake in Idea CellularBSE -2.89 % unit Aditya Birla Telecom and has asked bankers to informally value the company, people...
The Economic Times  Apr 16  Comment 
US PE firm Providence is looking to sell its 5% indirect holding in Indus Towers by offloading its stake in Idea Cellular, people familiar with the matter said.
The Economic Times  Apr 15  Comment 
Idea Cellular Ltd is a 'BUY' call with a target of Rs 213 and a stop loss of Rs 198.
The Economic Times  Apr 13  Comment 
'Idea Cellular Ltd is a 'BUY' call with a target of Rs 215 and a stop loss of Rs 190'
The Economic Times  Apr 6  Comment 
'Idea Cellular Ltd is a 'BUY' call with a target of Rs 200 and a stop loss of Rs 184'
The Economic Times  Apr 4  Comment 
Thacker is bullish on Tata Motors and Hero MotoCorp among auto names. He expects select stocks such as Idea Cellular and Sun TV to do well.
The Economic Times  Mar 30  Comment 
We have expanded our services or availability of spectrum to 13 circles now. It covers about 80% of our total gross revenue, says Himanshu Kapania.
The Hindu Business Line  Mar 30  Comment 
Telecom shares Idea Cellular and Bharti Airtel were among the top gainers on the NSE at close on Monday. Idea Cellular retained its position at the head of the pack, dialling up gains of 6.21 per...
The Hindu Business Line  Mar 30  Comment 
The Times of India  Mar 28  Comment 
Idea Cellular is not overly concerned about being saddled with a bill of more than Rs 30,000 crore that it bid for airwaves in the just-ended auction, unlike investors who dragged the stock down on Friday.





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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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