As part of the plan, Idea will raise 32.5 billion rupees by selling 326.6 million shares
Idea also has plans to launch its VoLTE (Voice over 4G network) services in 2018
Promoters bought 0.23% just before Vodafone merger announcement, allegedly in violation of securities laws
The telecom firm posted its fourth straight quarterly loss on Monday
Idea's 1.8 million retailer network opens up a significant large channel for us: redBus
It reported an average download speed of 8.74 mbps (megabits per second)
Firm urges Trai to consider cost data to arrive at inter-connect usage charges
Around 4.9 million shares of Idea Cellular have changed hands on BSE at 11:23 AM, the exchange data shows.
Operator charged higher rates for calls to BSNL, MTNL networks
We have no intention to subsidise handsets, said Himanshu Kapania, Managing Director Idea Cellular
Idea Cellular pared initial losses to gain as much as 2.1% on valur buying after the company poor Q1
The company posted a consolidated loss of Rs 815 crore
The telecom firm income fell by about 14% to Rs 81.82 billion
The stock surged 7% to Rs 98.30 on BSE on back of heavy volumes
The company, set to merge with Vodafone, has rolled out 4G services in all the 20 circles
While weak March quarter (Q4) results continue to be a dampener on the telecom space with Idea Cellular shedding about 7 per cent in trade today, incumbent operators are confident that the outlook for FY18 will improve with operating metrics starting to stabilise over the last few months. Idea Cellular's managing director Himanshu Kapania in an investor call on Monday said that revenues for the sector have bottomed out in March quarter and expected it to improve from hereon. Idea Cellular had reported a one per cent fall in FY17 revenues, its first full year revenue decline since its listing 11 years ago. For the sector to come back to growth over FY17, a lot will depend on how realisations and volume growth play out. While Idea's data and voice realisations are down between 22 to 50 per cent year-on-year in Q4, Bharti Airtel's metrics, though better than Idea on all counts, were no different. Data revenues account for 18 to 25 per cent for Idea and Bharti, respectively. Some of the ..
New Idea pack can be availed by all post-paid customers on limited rental plans of Rs 199 and above
A quick compilation of how leading brokerages and research houses have read the deal's fine print
The stock slipped 7.6% to Rs 90 in intra-day trade, extending its previous day's 9.5% decline on BSE
The stock was up 3.6% at Rs 112, after surging 15% to Rs 124 in early morning trade on BSE.