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Idea Cellular

Current tariffs are defeating economics; it should go up: Balesh Sharma, Vodafone Idea

Current tariffs are defeating economics; it should go up: Balesh Sharma, Vodafone Idea

Tue, Apr 23, 2019

Vodafone Idea’s CEO Balesh Sharma and CFO Akshaya Moondra talk about the merger and its impact, the ongoing Rs25,000 crore rights issue and tariff plans among others during an exclusive chat with Zee Business.

Idea Cellular unveils new Rs 159 prepaid pack, offers 1GB data daily; Is it better than RJio, Vodafone, Airtel

Idea Cellular unveils new Rs 159 prepaid pack, offers 1GB data daily; Is it better than RJio, Vodafone, Airtel

Sun, Nov 04, 2018

The Mukesh Ambani has rolled a host of offers making this festival very exciting, hence, Idea also did not want to miss out on the opportunity.

Situation bad, whole industry is bleeding: Vodafone Idea officer

Situation bad, whole industry is bleeding: Vodafone Idea officer

Fri, Oct 26, 2018

Vodafone Group Regional CEO for Africa Middle East Asia Pacific Vivek Badrinath said that it has been widely documented in media, india telecom sector is currently facing several challenges and is indeed under considerable financial stress.

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Idea Cellular Q4: Reliance Jio may have continued to hurt margins

Idea Cellular Q4: Reliance Jio may have continued to hurt margins

Fri, May 12, 2017

Reliance Jio's Happy New Year Offer impacted the overall telecom market, as consumers shifted to its promotional free usage.

Telecom sector seeks deferral of spectrum payment from Govt

Telecom sector seeks deferral of spectrum payment from Govt

Wed, May 10, 2017

Nilanjan Roy, Chief Financial Officer of Bharti Airtel was quoted by Bloomberg as saying, “The industry will engage with government to seek deferral of dues. We need to see if spectrum payments can be deferred as interest costs has risen on higher spectrum related costs.”

Bharti Airtel’s revenue per user may drop lower than Idea’s in Q4

Bharti Airtel’s revenue per user may drop lower than Idea’s in Q4

Tue, May 09, 2017

India’s telecom major, Bharti Airtel, with the widest subscriber base may have suffered a fall in average revenue per user (ARPU) in the fourth quarter of FY17. Discounted and free services galore, the incumbent could anticipate a sharp fall in profit along with falling ARPUs.

Reliance Jio is fastest 4G network in March: Trai

Reliance Jio is fastest 4G network in March: Trai

Wed, May 03, 2017

The speed recorded is the highest among other players like Bharti Airtel, Idea Cellular and Vodafone India.

Idea beats Airtel in 4G speed wars; Jio rules the charts

Idea beats Airtel in 4G speed wars; Jio rules the charts

Mon, Apr 17, 2017

4G speed wars between telecom companies like Bharti Airtel and Reliance Jio have reached a peak with the former claiming to be fastest network in India and the latter complaining about the veracity of the massive campaign to the advertising council of India.

Idea offers 10GB Data Jackpot; 30GB for Rs 300

Idea offers 10GB Data Jackpot; 30GB for Rs 300

Fri, Apr 07, 2017

Idea Cellular’s latest ‘Data Jackpot’ offer will provide its postpaid customers 10GB data for the price of Rs 100 per month.

How many people have subscribed to Reliance Jio Prime Plan? Not many, reports claim

How many people have subscribed to Reliance Jio Prime Plan? Not many, reports claim

Wed, Mar 29, 2017

Reliance Jio may have garnered over 10 crore new paid subscribers on its platform but its Jio Prime membership for Rs 99 a year seems to find no takers. ET Now in a report said that Reliance Jio has managed to gather only 1.6 crore customers to opt for Jio Prime membership.

Subscriber base of 6 telcos rises 2.27 million in February

Subscriber base of 6 telcos rises 2.27 million in February

Fri, Mar 24, 2017

"...The number of mobile phone subscribers showed an increase to 817.42 million in February 2017. The net increase in subscriber base is 2.27 million in the month of February," the Cellular Operators Association of India said in a statement.

Indians leave bankers in the cold in $23 billion telecoms mega-deal

Indians leave bankers in the cold in $23 billion telecoms mega-deal

Wed, Mar 22, 2017

This week`s $23 billion tie-up between Idea Cellular, controlled by the Aditya Birla Group, and the Indian business of Vodafone Group, is the latest example of a trend that is squeezing major international investment banks.

Markets continue to dislike Idea-Vodafone merger as shares fall for second consecutive day

Markets continue to dislike Idea-Vodafone merger as shares fall for second consecutive day

Tue, Mar 21, 2017

Motilal Oswal, however, is confident that Idea will perform better. It said, "We upgrade Idea to Buy with a target price of Rs 120, implying 9x EV/EBITDA on FY19E for the combined entity. In our view, rich valuation is justified, as the expected recovery from FY19 could drive EBITDA CAGR (compound annual growth rate) of 18% over FY18-22."

Will Abhishek Bachchan be the next zoozoo? Twitteratis ask on Idea-Vodafone merger

Will Abhishek Bachchan be the next zoozoo? Twitteratis ask on Idea-Vodafone merger

Mon, Mar 20, 2017

Highlights: 1. Idea Cellular on Monday said that its board of directors have approved the merger of Vodafone India and its wholly-owned subsidiary Vodafone Mobile Services with itself

Idea Cellular share reverses trend; drops on Vodafone merger approval

Idea Cellular share reverses trend; drops on Vodafone merger approval

Mon, Mar 20, 2017

The company said that the merger will result in creation of India's largest telecom company with widest mobile network in the country with pan 3G/4G footprint.

Idea Cellular approves Vodafone merger with itself

Idea Cellular approves Vodafone merger with itself

Mon, Mar 20, 2017

Vodafone will hold 45.1% of the combined company after transferring a stake of 4.9% to the promoters of Idea for Rs 3874 crore in cash.

Idea Cellular to allow 2G, 3G, 4G data recharge for same price

Idea Cellular to allow 2G, 3G, 4G data recharge for same price

Fri, Mar 17, 2017

Idea Cellular on Friday said it will allow data recharges for the same price across 2G, 3G and 4G connectivity.

Idea shares jump 12% on tower business demerge talks

Idea shares jump 12% on tower business demerge talks

Wed, Mar 15, 2017

Idea Cellular is already in talks with Vodafone India for merger to compete with its rivals Bharti Airtel and Reliance Jio.

Idea Cellular to offer free incoming calls on domestic roaming

Idea Cellular to offer free incoming calls on domestic roaming

Sun, Mar 12, 2017

The facility of free incoming calls on domestic roaming will be extended to both prepaid and postpaid customers.

Telecom Commission worried over sector's health; cautions about loan defaults

Telecom Commission worried over sector's health; cautions about loan defaults

Sun, Mar 05, 2017

The Commission was of the view that the said directions required promotional tariffs to have a 90-day limit and tariff of any other promotional nature could not be offered beyond that period.

Airtel offers 28GB data, unlimited voice calls for Rs 345 to take on Reliance Jio

Airtel offers 28GB data, unlimited voice calls for Rs 345 to take on Reliance Jio

Sat, Mar 04, 2017

Telecom companies have begun the price wars once again to take on Reliance Jio.

Idea Cellular drops over 3% as Providence sells stake in the company

Idea Cellular drops over 3% as Providence sells stake in the company

Tue, Feb 28, 2017

Idea shares have surged nearly 47% since the two sides confirmed merger talks on January 30.

COAI executive committee to discuss telecom industry's financial fortunes

COAI executive committee to discuss telecom industry's financial fortunes

Sun, Feb 26, 2017

The executive committee meeting of the cellular operators association (COAI), scheduled for March 17, is likely to discuss the issue of the deteriorating financial health of the industry.

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