Idea Cellular (BOM:532822)

QUOTE AND NEWS
The Economic Times  Dec 15  Comment 
"Idea Cellular Ltd is a 'SELL' call with a target of Rs 133 and a stop loss of Rs 143."
Reuters  Dec 12  Comment 
Reuters Market Eye - Bharti Airtel gains 1.2 percent, Idea Cellular is up 1.5 percent.
The Hindu Business Line  Dec 9  Comment 
Trouble could be brewing for mobile operators, including Airtel, Vodafone and Idea Cellular, with the Supreme Court seeking an explanation as to why intra-circle roaming agreements to offer...
The Hindu Business Line  Dec 1  Comment 
For the convenience of Sabarimala pilgrims, Idea Cellular has opened 24-hour Idea stores at Pamba and Vadaserikkara en route to Sabarimala. A press release said prepaid coupons and flexible rechar...
The Economic Times  Nov 26  Comment 
Most of the airwaves that would be auctioned next year are currently held by Airtel, Vodafone, Idea Cellular and Reliance Communication.
The Economic Times  Nov 26  Comment 
Idea will be alloted 5 Mhz block in 900 MHz spectrum won by it in the last auction held in February, on November 30. It at present holds no airwaves.
The Economic Times  Nov 19  Comment 
The Aditya Birla Group company has launched 'Pragya', an initiative aimed at helping women “realise their leadership potential”. An integral part of the programme is the health and wellness of employees.
The Economic Times  Nov 13  Comment 
Bharti Airtel, Vodafone India, Idea Cellular and Sistema Shyam Teleservices are some telecom service providers that are offering Wi-Fi services in select cities of the country.
The Economic Times  Nov 11  Comment 
'Idea Cellular Ltd is a 'BUY' call with a target of Rs 174 and a stop loss of Rs 164.'
The Economic Times  Nov 10  Comment 
'Idea Cellular Ltd is a 'BUY' call with a target of Rs 174 and a stop loss of Rs 165.'





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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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