Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Hindu Business Line  May 25  Comment 
Aditya Birla controlled-Idea Cellular reported a strong set of numbers last fiscal, backed primarily by data growth. P Lakshminarayana, Chief Operating Officer (Corporate) of Idea Cellular, w...
The Economic Times  May 25  Comment 
Bharti Airtel gained as much as 3.45 per cent, while Idea Cellular Ltd was up 1.94 per cent and Reliance Communications Ltd up 2.81 per cent in intraday trade.
The Economic Times  May 22  Comment 
Debt-laden after the expensive spectrum auctions, top domestic telcos have been seeking fresh capital-raising plans and value-unlocking moves.
The Times of India  May 14  Comment 
The Supreme Court on Thursday turned down pleas by various telecom companies, including Bharti Airtel, Vodafone, Idea Cellular and Reliance Telecom, for extension of their 2G spectrum licences, which expired in November last year.
The Economic Times  May 13  Comment 
Aditya Birla group telecom major Idea Cellular was planning a capex of around Rs 5,500 crore in the current fiscal to strengthen its infrastructure.
The Economic Times  May 13  Comment 
Idea Cellular will invest about Rs 380 crore in 2015-16 to spruce up its infrastructure in Kolkata and West Bengal circles, and launch its own 3G network in the city in the third quarter.
The Economic Times  May 7  Comment 
Comptel Corp said it has secured operations support systems and business support systems deals worth around Rs 111.23 cr from Bharti Airtel and Idea Cellular.
The Hindu Business Line  May 3  Comment 
The outlook remains positive for Idea Cellular. The stock has support at ₹165 and resistance at ₹184. A conclusive close above the resistance will trigger fresh rally in the stock. In that...
The Economic Times  Apr 30  Comment 
The Telecom Regulatory Authority of India had last month cut the maximum chargeable rates for roaming services, effective May 1.
The Hindu Business Line  Apr 30  Comment 
The Economic Times  Apr 29  Comment 
Average revenue per user (ARPU) for data services improved sequentially for the fourth consecutive quarter.





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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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