Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Jan 27  Comment 
Himanshu Kapania was non-committal on participation in the 3G sale. He said that the company would need to balance its spending.
The Hindu Business Line  Jan 27  Comment 
Idea Cellular today reported a nearly 64 per cent jump in its net profit at Rs 767.06 crore for the quarter ended December 31, 2014 on the back of growth in data volume and voice minutes. ...
The Hindu Business Line  Jan 27  Comment 
Aditya Birla group company Idea Cellular has reported a 64 per cent rise in net profit for the third quarter ended December 31, 2014. The company’s net profit went up to Rs 767 crore from...
Reuters  Jan 27  Comment 
India's Idea Cellular Ltd posted a 64 percent rise in quarterly profit as it added more subscribers than rivals did, boosting data and talk time usage.
The Economic Times  Jan 27  Comment 
India’s rural subscriber base, with 4.15 million new connections in December, grew 1.3% over November, taking the total rural GSM consumers to 319.79 million.
The Economic Times  Jan 20  Comment 
All three cos are expected to report flattish voice revenue per minute, but an increase in call minutes is likely to drive revenue growth in Oct-Dec quarter.
The Economic Times  Jan 14  Comment 
Idea added 2.58 million new connections, followed by Bharti Airtel with 1.79 million and Vodafone UK’s Indian arm, with 1.49 million.
The Economic Times  Jan 13  Comment 
The country's third-biggest mobile operator also expects a spurt in internet subscribers at a time when data becomes crucial for revenues and profitability.
The Hindu Business Line  Jan 12  Comment 
Microsoft Mobile and Idea Cellular have tied up to provide paid applications to Idea users, which will be based on operator billing on the Windows Store.   All Microso...
The Economic Times  Jan 9  Comment 
In post-noon trade, stocks of Bharti Airtel, Idea Cellular and Reliance Communications were sharply down 1.8%, 3.5% and 2.5% respectively.





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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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