Idea Cellular Ltd
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Idea Shares Close 7% Higher As Vodafone Deal Clears Government Hurdle
Shares of Idea Cellular Ltd surged 16.6 per cent to their highest in over a month on Tuesday, after the operator paid the department of telecommunications (DoT) money it had demanded relating to its merger with Vodafone's India unit.
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Vodafone-Idea Merger: New Entity To Be Called Vodafone Idea Ltd, Set To Raise Rs 15,000 Crore
India's telecom giants Vodafone India and Idea Cellular, soon to become a single merged entity, will be known as Vodafone Idea Ltd, subject to the approval of special resolution in an extraordinary general meeting that will be held on June 26. The meeting will also pass a resolution seeking permission to raise Rs 15,000 crore. Idea Cellular issued...
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Aditya Birla Group Gets RBI Licence To Start Payments Bank
Headed by Kumar Mangalam Birla, the group's outfit Aditya Birla Nuvo had set up a 51:49 joint venture -- Aditya Birla Idea Payments Bank Ltd -- with telecom major Idea Cellular to launch payments bank services in the country.
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Idea Cellular Falls On Reports Of Stake Sale by P5 Asia Investments
Idea shares have surged nearly 47 per cent since the two sides confirmed merger talks on January 30.
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The Jio Effect: Airtel Buys Telenor, Price Undisclosed So Far
Bharti Airtel said on Thursday it will buy Telenor (India) Communications Pvt Ltd, as part of which it will acquire the Norwegian company's operations in six states. It did not disclose financial terms of the deal.
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RCom, Tata Tele, Idea Shares Rise As Telecom Stocks Remain In Spotlight
Tata Teleservices (Maharashtra) Ltd rose 9.7 per cent while Reliance Communications jumped 7 per cent, surging to session highs of Rs 6.67 and Rs 35.45, respectively.
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Idea Cellular Reports First-Ever Loss As Telco Price War Rages
Reliance Jio Infocomm Ltd, controlled by India's richest man, Mukesh Ambani, opened for business in September and has shaken the Indian telecoms market with its free voice and cut-price data plans spurring a flurry of similar offers from incumbents led by Bharti Airtel Ltd.
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Government Raises Rs 65,789 Crore From Telecom Spectrum Auction
Top mobile phone carrier Bharti Airtel Ltd said it bought spectrum worth Rs 14,244 crore, while No.3 Idea Cellular said it had bought spectrum worth Rs 12,798 crore.
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RJio Hits Out At Airtel, Says 10 Crore Calls Failing A Day
With 10 crore calls from its network to users of operators like Airtel failing per day, Mukesh Ambani-led Reliance Jio on Tuesday hit out at incumbent operators for not making operational new interconnections in last 15 days despite repeated reminders.
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Investment Board Clears FDI Proposals Worth Rs 290 Crore
The Foreign Investment Promotion Board (FIPB) has cleared seven FDI proposals worth Rs 290 crore, while deferring decision on other seven applications including one by a wholly-owned subsidiary of Idea.
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Idea Cellular Q3 Net Profit Misses Estimates on Higher Charges
Idea Cellular Ltd, India's third-biggest mobile phone operator, said quarterly net profit fell 0.4 per cent, missing expectations, weighed down by higher finance charges.
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Idea Cellular Launches 4G Ahead of Reliance Roll-out
Idea Cellular Ltd , the country's third-biggest mobile phone operator, launched high speed fourth generation (4G) mobile phone services across the southern part of the country on Wednesday, beating the long-awaited debut of rival Reliance Jio.
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Idea Cellular Q2 Profit Lags Estimates as Cheaper Call Rates Hurt
Idea Cellular Ltd, India's third biggest mobile operator, posted a quarterly net profit slightly below analysts' expectations, as fewer people made voice calls.
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Reliance Industries, Mobile Carriers, Post Office Win Payment Bank Permits
Payments banks will be able to take deposits and remittances but will not be allowed to lend.
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Idea Cellular Hikes Capital Spending Guidance to Launch 4G
Idea Cellular Ltd has raised its annual capital spending guidance by about a fifth as it prepares to roll out a high-speed fourth-generation (4G) network to cater for rising demand for mobile data.
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Idea Shares Close 7% Higher As Vodafone Deal Clears Government Hurdle
Shares of Idea Cellular Ltd surged 16.6 per cent to their highest in over a month on Tuesday, after the operator paid the department of telecommunications (DoT) money it had demanded relating to its merger with Vodafone's India unit.
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Vodafone-Idea Merger: New Entity To Be Called Vodafone Idea Ltd, Set To Raise Rs 15,000 Crore
India's telecom giants Vodafone India and Idea Cellular, soon to become a single merged entity, will be known as Vodafone Idea Ltd, subject to the approval of special resolution in an extraordinary general meeting that will be held on June 26. The meeting will also pass a resolution seeking permission to raise Rs 15,000 crore. Idea Cellular issued...
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Aditya Birla Group Gets RBI Licence To Start Payments Bank
Headed by Kumar Mangalam Birla, the group's outfit Aditya Birla Nuvo had set up a 51:49 joint venture -- Aditya Birla Idea Payments Bank Ltd -- with telecom major Idea Cellular to launch payments bank services in the country.
-
Idea Cellular Falls On Reports Of Stake Sale by P5 Asia Investments
Idea shares have surged nearly 47 per cent since the two sides confirmed merger talks on January 30.
-
The Jio Effect: Airtel Buys Telenor, Price Undisclosed So Far
Bharti Airtel said on Thursday it will buy Telenor (India) Communications Pvt Ltd, as part of which it will acquire the Norwegian company's operations in six states. It did not disclose financial terms of the deal.
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RCom, Tata Tele, Idea Shares Rise As Telecom Stocks Remain In Spotlight
Tata Teleservices (Maharashtra) Ltd rose 9.7 per cent while Reliance Communications jumped 7 per cent, surging to session highs of Rs 6.67 and Rs 35.45, respectively.
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Idea Cellular Reports First-Ever Loss As Telco Price War Rages
Reliance Jio Infocomm Ltd, controlled by India's richest man, Mukesh Ambani, opened for business in September and has shaken the Indian telecoms market with its free voice and cut-price data plans spurring a flurry of similar offers from incumbents led by Bharti Airtel Ltd.
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Government Raises Rs 65,789 Crore From Telecom Spectrum Auction
Top mobile phone carrier Bharti Airtel Ltd said it bought spectrum worth Rs 14,244 crore, while No.3 Idea Cellular said it had bought spectrum worth Rs 12,798 crore.
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RJio Hits Out At Airtel, Says 10 Crore Calls Failing A Day
With 10 crore calls from its network to users of operators like Airtel failing per day, Mukesh Ambani-led Reliance Jio on Tuesday hit out at incumbent operators for not making operational new interconnections in last 15 days despite repeated reminders.
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Investment Board Clears FDI Proposals Worth Rs 290 Crore
The Foreign Investment Promotion Board (FIPB) has cleared seven FDI proposals worth Rs 290 crore, while deferring decision on other seven applications including one by a wholly-owned subsidiary of Idea.
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Idea Cellular Q3 Net Profit Misses Estimates on Higher Charges
Idea Cellular Ltd, India's third-biggest mobile phone operator, said quarterly net profit fell 0.4 per cent, missing expectations, weighed down by higher finance charges.
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Idea Cellular Launches 4G Ahead of Reliance Roll-out
Idea Cellular Ltd , the country's third-biggest mobile phone operator, launched high speed fourth generation (4G) mobile phone services across the southern part of the country on Wednesday, beating the long-awaited debut of rival Reliance Jio.
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Idea Cellular Q2 Profit Lags Estimates as Cheaper Call Rates Hurt
Idea Cellular Ltd, India's third biggest mobile operator, posted a quarterly net profit slightly below analysts' expectations, as fewer people made voice calls.
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Reliance Industries, Mobile Carriers, Post Office Win Payment Bank Permits
Payments banks will be able to take deposits and remittances but will not be allowed to lend.
-
Idea Cellular Hikes Capital Spending Guidance to Launch 4G
Idea Cellular Ltd has raised its annual capital spending guidance by about a fifth as it prepares to roll out a high-speed fourth-generation (4G) network to cater for rising demand for mobile data.
