Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  1 hr ago  Comment 
The companies have offered top dollars for airwaves with high-speed data-carrying capacity, an indication that they are betting big on an expected mobile data explosion.
The Times of India  6 hrs ago  Comment 
Aditya Birla group company Idea Cellular, which had the most crucial spectrum holdings at stake in the auction, paid the maximum amount of Rs 30,307 crore - more than a quarter of the overall spectrum receipts by the government - to maintain...
The Economic Times  Mar 26  Comment 
India raised a record $17.6 billion from the sale of mobile phone airwaves after 19 days of fierce bidding that ended Wednesday.
The Economic Times  Mar 26  Comment 
'Idea Cellular is a 'BUY' call with a target of Rs 184 and a stop loss of Rs 175'
The Economic Times  Mar 26  Comment 
Debt laden Tata Teleservices (M) and Reliance Communications, however, declined during this period. While Bharti and Idea have surged 13%.
The Hindu Business Line  Mar 26  Comment 
The Hindu Business Line  Mar 24  Comment 
Now operates in 12 markets across the country
The Economic Times  Mar 17  Comment 
Bharti Airtel and Idea Cellular stocks have gained 11% and 15%, respectively since the beginning of the latest round of the spectrum auction on March 4.
The Economic Times  Mar 12  Comment 
'Idea Cellular Ltd is a 'BUY' call with a target of Rs 174 and a stop loss of Rs 160'
The Economic Times  Mar 11  Comment 
Irani believes that investors are only looking at momentum, they are looking at short-term opportunities. But, Idea is a long-term pick, he adds.
Cellular News  Mar 11  Comment 
India's Idea Cellular has awarded a three-year contract to Ericsson for network upgrades in Delhi. Click here for more.





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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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