Idea Cellular | The Asian Age

Thursday, Apr 25, 2024 | Last Update : 08:09 PM IST

idea cellular Page-2

Aggregate shareholding of the promoter group in Idea has increased from 42.4 to 47.2 per cent.

Idea Cellular raises Rs 3,250 cr from promoter group

The net debt of Idea as on December 31, 2017 stood at Rs Rs 55,781.8 crore.

12 Feb 2018 5:56 PM

Idea Cellular regrets the inconvenience caused to mobile users who are unable to connect with each other.

Idea suspends interconnect services with Aircel over dues

Idea will restore interconnect services immediately after Aircel makes the payment.

07 Feb 2018 1:40 PM

The move comes at a time when telecom sector has entered into a fresh round of tariff war and offers.

Idea Cellular lines up cashback offers on Karbonn phones

Cashbacks range from Rs 1,000-2,000 depending on the handset, and will be available from February 1.

30 Jan 2018 5:00 PM

At present, 100 per cent FDI is allowed in telecom companies, of which up to 49 per cent can be done through the automatic route.

Idea Cellular seeks govt nod for raising FDI limit to 100 pc

Foreign investors hold around 27 per cent stake in Idea, as per shareholding pattern of company till December 2017.

27 Jan 2018 1:07 PM

Board has already approved issuance of 32.66 crore equity shares on preferential basis to the promoter group entities for a total Rs 3,250 crore.

Idea posts wider Q3 loss at Rs 1284.5 crore

Revenue from operations came in at Rs 6,509.6 crore for the quarter ended December 2017.

24 Jan 2018 3:08 PM

Vodafone is expected to hold around 47.5 per cent stake in the merged entity and rest will be owned by Idea and promoter Aditya Birla Group. (Photo AFP)

NCLT approves Idea-Vodafone merger

Proposed merger of Vodafone India and Idea will create an entity with a revenue of around Rs 77,500-80,000 crore.

12 Jan 2018 4:32 PM

Board of Idea Cellular approved raising about Rs 3,250 cr from entities under promoter Aditya Birla Group.

Idea Cellular shares continue to gain; up nearly 14 pc

Idea unveiled a plan to raise up to Rs 6,750 cr which will alter shareholding pattern of company.

05 Jan 2018 12:36 PM

Board of Directors of Idea approved issuance of about 326.6 million equity shares, face value of Rs 10 per share, at a price of Rs 99.50 per share.

Idea Cellular to raise Rs 3,250 cr from promoter group

Idea will also explore potential monetisation of company's 11.15 per cent stake in Indus Towers.

04 Jan 2018 3:50 PM

Two companies had, in 2017, announced they will combine the operations to create the country's largest telecom operator worth over USD 23 billion.

Idea Cellular board to meet over fund-raising plans on Jan 4

Merger between Vodafone India and Idea Cellular is expected to be completed this year.

02 Jan 2018 10:22 AM

The deal, expected to be completed by the first half of 2018, would give ATC an additional 20,000 towers and would raise its global towers tally to 1,70,000.

Idea, Vodafone to sell tower business to ATC for $1.2bn

The deal will not affect the merger terms of the two companies.

14 Nov 2017 2:27 AM

Idea Cellular on Monday reported a consolidated net loss of Rs 1,106.8 crore for the second quarter of 2017. (File Photo)

Idea Cellular reports net loss of Rs 1,106.8 crore in Q2

Idea Cellular's revenue from operations dropped 19.72 per cent to Rs 7,465.5 crore in the quarter under review.

13 Nov 2017 10:52 AM

Vodafone India and Idea Cellular have decided to sell their respective tower businesses in India to ATC Telecom Infrastructure for Rs 7,850 crore. (File Photo)

Vodafone, Idea to sell mobile tower biz to ATC ahead of merger

The standalone tower businesses of Vodafone and Idea comprise a combined portfolio of nearly 20,000 towers.

13 Nov 2017 10:45 AM

Over 99 per cent of Idea shareholders voted in favour of the merger at the shareholders' meeting on October 12, 2017.

Idea shareholders approve scheme of merger with Vodafone India

Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.

13 Oct 2017 3:14 PM

The company added nearly 50,000 broadband sites over the last 12 months to August.

Idea records highest 4G upload speed in September

Telecom Regulatory Authority of India tabulates data download speed with the help of its MySpeed app.

08 Oct 2017 2:57 PM

Vodafone India and Idea Cellular merger deal is expected to be completed by March next year

Idea-Vodafone merger likely to be completed by March

Both the companies are before National Company Law Tribunal (NCLT) for seeking its nod.

02 Oct 2017 5:55 PM

Airtel, Idea and Vodafone have opposes Trai decision cutting IUC from 14 paise to 6 paise. (Photo: AFP)

Airtel, Idea challenge 6 paise IUC in Bombay HC; hearing on Nov 15

Court refuses to stay order by Trai that had in anticipation filed caveats at all HCs in country.

30 Sep 2017 2:01 PM

IUC is a fee that a telecom company charges for receiving a call.

Telecom sector needs Rs 50,000 crore a year investment: Icra

Almost all players have reported reverses in FY17 largely attributed to Jio's aggressive posturing.

29 Sep 2017 11:15 AM

Vodafone is India's second largest telecom operator in terms of susbcriber base. (Photo: AFP)

Vodafone India CEO Sunil Sood says merger with Idea on time

Merger process requires approvals from CCI, Sebi, NCLT and telecom department, Sood adds.

27 Sep 2017 11:54 AM

Vodafone is second largest telecom operator in terms of subscriber base.

Vodafone brings 2GB data, unlimited calls for Rs 148

Secodn largest telecom operator includes scheme under SuperPlans category on MyVodafone list.

26 Sep 2017 1:58 PM

Reliance Jio had alleged three companies have made a cartel against its rise. (Photo: File/AFP)

Bombay HC sets aside CCI order in Reliance Jio case

Reliance Jio had alleged three incumbent companies have made a cartel to prevent Jio's rise.

22 Sep 2017 6:17 PM

2 of 5

Columns

Dilip Cherian