Idea Cellular (BOM:532822)

The Economic Times  Mar 20  Comment 
Sell Idea Cellular Ltd. at a price target of Rs 73.0 and a stop loss at Rs 79 from entry point.
The Economic Times  Mar 17  Comment 
Mobile subscribers have benefited in the past quarters as Bharti Airtel, Idea Cellular and Vodafone India sought to match new entrant RJio’s low tariff plans.
The Economic Times  Mar 13  Comment 
The BSE Telecom index was trading 1.2 per cent up at 1,396 around 11:40 am (IST).
The Economic Times  Mar 8  Comment 
The BSE Telecom index was trading 0.65 per cent up at 1,360 around 09:55 am (IST).
The Economic Times  Mar 8  Comment 
Benchmark indices jumped over half-a-per cent on Thursday morning as investors judged the recent slide as excessive.
The Economic Times  Mar 7  Comment 
Meanwhile, Mahanagar Telephone Nigam and Bharti Infratel were trading with gains.
The Economic Times  Mar 5  Comment 
Weak Asian cues and import tariffs on steel and aluminium in the United States weighed on benchmark indices.
The Economic Times  Feb 28  Comment 
Older incumbent telcos such as Bharti Airtel, Vodafone India and Idea Cellular, through COAI, have said Trai’s latest rules favour newcomer Jio.
The Economic Times  Feb 27  Comment 
The BSE Telecom index was trading 0.89 per cent up at 1,437 around 11:15 am (IST).
The Economic Times  Feb 23  Comment 
DSP Merrill Lynch and Citigroup Global Markets India acted as global coordinators and book running lead managers to the issue.

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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.

Now its fully Aditya Birla Group Company. My partner and I rellay enjoyed reading this blog post, I was just itching to know do you trade featured posts? I am always trying to find someone to make trades with and merely thought I would ask.

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