Idea Cellular

Saturday, Apr 20, 2024 | Last Update : 12:40 AM IST

Vodafone Idea rebrands in fight for India's telecom market share. (AFP Photo)

Vodafone Idea rebrand as 'Vi' in fight for telecom market share

Vodafone Idea lost 4.7 million customers in May alone, while market leader Reliance Jio added 3.7 million

08 Sep 2020 9:00 AM

Chairman of the Aditya Birla Group, Kumar Mangalam Birla. (Photo: PTI)

Idea, Vodafone pay up to clear merger

It will have the capacity to provide 4G spectrum in all telecom circles of the country.

25 Jul 2018 12:42 AM

Shares of Idea Cellular Ltd surged 16.6 percent 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.

Idea shares jump as Vodafone deal clears govt hurdle

Idea, a part of the Aditya Birla conglomerate, and Vodafone signed a merger agreement last year.

24 Jul 2018 4:01 PM

Telecom Minister Manoj Sinha said on Wednesday that the government has approved the Idea Cellular and Vodafone India merger, the sector's biggest, but the companies need to complete some formalities for the final closure of the deal.

Idea-Vodafone merger approved only some formalities pending, says Sinha

"They met me and thanked that we have done it very quickly," Sinha said.

11 Jul 2018 3:59 PM

n Idea will be responsible for clearance of all demands which may be raised by any wing of the department including penalties imposed or to be imposed on Vodafone or Idea.

Vodafone, Idea get DoT’s conditional approval

Merger to create country’s largest telecom operator.

10 Jul 2018 5:32 AM

The telecom ministry (DoT) on Monday approved the merger of Vodafone India and Idea Cellular that will create the country's largest mobile services operator, an official source said.

Telecom department clears Idea-Vodafone merger with conditions

The department has asked Idea Cellular to pay Rs 3,926 crore in cash for Vodafone spectrum.

09 Jul 2018 7:47 PM

Vodafone has decided to challenge any further spectrum fees demand from the telecom department in relation to one of its earlier subsidiary merger issues, sources said. (Photo: PTI)

Vodafone gears up to challenge fresh spectrum fee demand

The merger of the second and the third largest operators in India will create a new market leader.

02 Jul 2018 1:29 PM

Shares of Idea Cellular plunged over 7 per cent on Monday following reports that the mega-merger deal of the company and Vodafone India may not meet the expected June 30 timeline.

Idea shares tank over 7 pc; m-cap falls Rs 1,893 cr as mega-merger delays

The mega-merger deal of Idea and Vodafone may not meet the expected June 30 timeline.

25 Jun 2018 5:12 PM

The Idea-Vodafone merger is set for clearance as the telecom department is expected to demand just unconditional undertaking from Idea, the new owner, on court case of the British company apart from immediate bank guarantee of Rs 2,100 crore for one-time spectrum charges.

Idea-Vodafone merger set to receive clearance from telecom department

The department will adopt all procedural safeguards before allowing the merger as monetary issues are involved.

21 Jun 2018 12:10 PM

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the country's largest mobile service operator with proposed name of Vodafone Idea Ltd.

Telecom department likely to approve Vodafone-Idea merger today

Idea and Vodafone have decided to combine their operations to create the country's largest telecom operator.

18 Jun 2018 12:15 PM

Department of Telecom (DoT) has approved raising the foreign direct investment limit in the company to 100 per cent.

Idea Cellular gets DoT nod to raise FDI limit to 100 per cent

The FDI approval is a major milestone in the merger process of Vodafone India with Idea Cellular.

04 Jun 2018 9:11 PM

Telecom operator Idea Cellular on Thursday said it has completed the sale of approximately 9,900 mobile towers to American Tower Corporation's Indian arm for Rs 4,000 crore.

Idea completes sale of 9,900 mobile towers to ATC for Rs 4,000 crore

ATC has already completed acquisition of Vodafone India's mobile tower for Rs 3,850 crore.

31 May 2018 6:22 PM

Telecom operator Idea Cellular on Monday said it has rolled out 4G VoLTE service in 15 telecom circles covering all the district headquarters in the respective areas.

Idea completes 4G VoLTE roll out in 15 of 22 telecom circles

Overall, Idea has the second largest presence of VoLTE-based calling service after Reliance Jio.

28 May 2018 8:22 PM

Idea Cellular on Saturday reported a nearly three-fold jump in its comprehensive loss at Rs 930.6 crore for the fourth quarter of 2017-18.

Idea Cellular Q4 net loss widens nearly 3-fold to Rs 930.6 crore

The operating revenue dropped 24.47 per cent to Rs 6,137.3 crore in the March quarter of FY18.

28 Apr 2018 3:41 PM

The battered telecom sector companies will be reporting another set of subdued numbers for the January-March quarter.

Telcos to report subdued Q4 numbers as RJio pressure continues

Revenues likely to show a correction of as much as 40 per cent, analysts have said.

15 Apr 2018 2:59 PM

DoT is waiting for DIPP to give clearance for raising the foreign direct investment (FDI) limit in Idea Cellular to 100 per cent before approving the merger of Vodafone India with the Aditya Birla group firm.

DoT awaits FDI clearance for Idea to approve merger with Vodafone

Only FDI clearance for Idea is pending before merger of Vodafone.

15 Apr 2018 2:50 PM

The Department of Telecom has issued 13-digit numbers to telecom operators for the trial of machine-to-machine (M2M) communications like smart electric metres and car tracking devices.

DoT issues 13-digit numbers for machine-to-machine network trials

The 13-digit numbers have been allocated to state-run firm BSNL and private telecom operators.

05 Apr 2018 4:15 PM

Airtel, Vodafone and Idea Cellular need to speed up efforts to close the gap with Reliance Jio on data capacity levels. (Photo: AFP)

Rivals need to close data capacity gap with Jio: Kotak report

Bharti Airtel, with around 21 per cent share of the composite capacity is ahead of Idea and Vodafone's combined 17 per cent.

22 Mar 2018 2:24 PM

Fund raising would help the company fight intense competition being witnessed by the telecom sector following the entry of Reliance Jio.

Idea fixes Rs 82.50 per share to raise Rs 3,500 crore via QIP

Shareholders of Idea Cellular have recently invested Rs 3,250 cr to strengthen company's balance sheet.

21 Feb 2018 12:38 PM

Last month Idea announced plans to raise a total 67.5 billion rupees ahead of proposed merger

Idea Cellular launches up to USD 546 million share sale

Share sale has a floor price of 86.84 rupees per share, with a potential discount of up to 5 per cent.

15 Feb 2018 11:40 AM

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Shobhaa De

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