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Latest Articles in idea cellular
Indian Telco Stocks Slip On Weak Subscriber Data
The country's mobile phone customer base rose 0.06 per cent, or a net 0.72 million, to 1.17 billion in October, data released by Telecom Regulatory Authority of India (TRAI) showed yesterday
Read MoreDebt Pile Among Corporates Has Stunted Job Growth: Kumar Mangalam Birla
Once the NPAs are resolved, jobs growth will be back
Read MoreVodafone Idea Merger Complete, To Become India's Largest Telecom Operator
In a bid to take Reliance Jio, Idea and Vodafone merger worth $23.2 will put the 2 companies in a strong position to compete with Jio
Read MoreWhat Is Next For Telecom Sector In India?
Incumbent players who could weather competition from several weaker new operators have been brought to their knees by Reliance Jio with the disruptive 4G product and relentless price attack
Read MoreIdea Cellular Launches Up To USD 546 Million Share Sale
Idea said that the share sale launched on Wednesday has a floor price of 86.84 rupees per share, with a potential discount of up to 5 percent. The shares closed at 84.80 rupees on the National Stock Exchange
Read MoreIdea Suspends Interconnect Services With Aircel Over Dues
Idea said it will restore interconnect services immediately after Aircel makes the payment, but did not specify the outstanding amount
Read MoreVodafone To Explore Ways To Sell Stake In Indus Towers
Bharti Airtel's mobile tower arm Bharti Infratel and Vodafone hold 42 per cent each in India's largest mobile tower firm Indus Towers and the rest is held by Idea Cellular
Read MoreVodafone India's H1 Operating Profit Falls 39 Percent
Vodafone India and Idea Cellular Ltd, India's third-biggest wireless carrier, are to merge operations, potentially creating the country's biggest telecom player
Read MoreIdea Cellular Posts Quarterly Loss; To Sell Tower Unit
"In the long term, we have a positive view on Idea and the deal could be viewed as a positive move with the 40 billion rupee-transaction value aiding Idea in cutting down its balance sheet debt," said Gaurang Shah, Head-Investment Strategist at Geojit Financial Services
Read MoreMarket Turns Negative, Down 138 Points After Caution Sets In
The broader NSE Nifty traded lower by 55 points, or 0.53 per cent, at 10,266.75. Major losers were L&T, Coal India and Cipla, sliding up to 2.95 per cent
Read MoreIdea Cellular Posts Q2 Net Loss Of Rs 1,106.8 Crore
Its revenue from operations dropped 19.72 per cent to Rs 7,465.5 crore in the quarter under review, from Rs 9,300.23 crore in the year-ago period
Read MoreBharti Airtel Second-Quarter Profit Plunges 77 Percent
Revenue of the company, which operates in 17 countries across Asia and Africa, fell 11.7 percent to 217.77 billion rupees
Read MoreNo Connect Between IUC, Financial Stress On Telcos: Trai
Mobile companies currently charge 14 paise a minute for allowing a domestic call from a rival operator to terminate on their network. This charge, called Interconnection Usage Charge or IUC, will be 6 paise per minute from October 1, 2017
Read MoreVodafone India CEO Sunil Sood Confirms Merger With Idea On Time
The combined entity of Vodafone India and Idea Cellular, which are currently India's number 2 and 3, respectively, would dislodge Bharti Airtel to counter the fierce price war in the world's second-largest telecom market
Read MoreTelecom Stocks Tumble Up To 7.4% On Trai Move
The scrip of Idea Cellular tumbled 7.4 per cent to Rs 76.85, Bharti Airtel tanked 6.25 per cent to Rs 370, Reliance Communications dipped 4.21 per cent to Rs 19.30 and Tata Tele lost 2.53 per cent to Rs 6.15 on BSE
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