Idea Cellular has reduced its outgoing rates by 33 per cent to Rs 1.99 for all calls from cell-to-cell and cell-to-landline and WLL connections under post-paid scheme, while that for pre-paid segment has been at Rs 2.49 with effect from Sunday.\n\n\n\n
Idea Cellular on Wednesday said it is "seriously evaluating" going for an initial public offering in the domestic market as part of efforts to fund its expansion plans, although a decision on the issue is yet to be taken.
Aditya Birla Group on Wednesday raised its stake in Idea Cellular to 50.15 per cent after it bought Cingular Wireless's stake for $150 million (about Rs 650 crore).
Idea Cellular Ltd, a three-way joint venture company between Tata, Birla and AT&T, has launched two new tariff schemes, Chitchat Flexi and Buzz99, for its new and existing customers.
The merged entity would be known as 'Vodafone Idea Ltd'.
Aditya Birla group's Idea Cellular has signed a deal to acquire 40.8 per cent stake in Spice Communications for Rs 2,716 crore (Rs 27.16 billion).
To become the most favoured operator in the MNP stakes, Idea has worked hard to spruce up its network and quality of service.
Service was launched in Mumbai in July and it will be expanded across the country in a phased manner
The government on Friday said it was examining the issue of shareholding in Idea Cellular raised by Aditya Birla Group and a rejoinder submitted by Tatas.
The company and a unit had received tax demands from authorities over a restructuring exercise approved by courts more than three years ago.
Even if the company's merger issue was sorted out, it would have a lot of ground to cover in order to attract subscribers.
On the back of this, leading GSM incumbent Bharti Airtel's shares opened on a bullish note and then gained further ground and touched an early high of Rs 334.55 on the BSE, higher by 8.96 per cent from its previous closing price.
Shrugging off a troubled history, which stunted growth for several years, Idea Cellular, India's sixth largest wireless player is moving on.
Denying any breach of merger and acquisition (M&A) norms, Aditya Birla group firm Idea Cellular on Tuesday said the company's merger with Spice Communications was approved by court and consummated with the full knowledge of the Department of Telecom.
Idea Cellular on Tuesday unveiled its revised tariff plans under which airtime charges have been reduced by 43 per cent for the post-paid customers.
India's third-largest telecom operator Vodafone Idea (Vi) has secured a 10-year breather on adjusted gross revenue (AGR) payments from the Department of Telecommunications (DoT). This is expected to ease pressure on its balance sheet and enable the company to raise bank debt for capital expenditure.
Rajat Mukherjee, chief corporate officer - Idea Cellular, says that they were not part of the group of companies which started out in 2008. In fact, they had applied for licneses three years earlier. "It is unfortunate that we were clubbed with the others."
Standard call rates to countries like the US, the UK and Canada has been raised.
App-based communication services providers and Indian telcos are at loggerheads over the SIM-binding directions issued by the department of telecom, which are to be complied with by the end of February 2026.
'Instead of the government and telecom operators solving the mess of their own creation, they're telling us we need to give access to our phones perpetually.'
'If a parent was diagnosed at 50, the child should start screenings 5 to 10 years earlier (around 35 to 40).' 'Awareness of family history and age of onset helps catch the disease early.'
Vi partners SpaceX-rival AST SpaceMobile for satcom service on smartphones
Providence had bought 15 per cent in Idea Cellular in 2006 for around Rs 1,800 crore (Rs 18 billion) through its investment arm - P5 Asia Investment (Mauritius).
Idea Cellular will have to furnish an undertaking that it will entertain all the liabilities whenever a final decision is taken by the courts
In a big setback to Aditya Birla Group firm Idea Cellular, the Delhi High Court said the six licences of Spice Communications would not be transferred to Idea, since the company did not comply with the licence and merger guidelines. The court also slapped a fine of Rs 1 crore for hiding information.
The first national flag in Independent India was hoisted at Fort St George in Madras, not at Delhi's Red Fort.
In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
Telecom operators Vodafone and Idea Cellular on Monday said they will resume 3G services in circles where they don't have spectrum through intra-circle roaming (ICR) pacts with other operators.
Complying with the Trai directive, Idea Cellular has stopped levying one time migration fee from one of its tariff plans to the other and has refunded the subscribers their due amount.
Birla group firm Idea Cellular Ltd and Modis-owned Spice Telecom on Friday dared the government to allocate spectrum to those mobile operators who submitted applications after them.
Tatas agreed to a joint venture, competed with it, later walked out and are now filing 'frivolous' petitions against it, Birlas told Supreme Court in reply to Tata Industries' plea for arbitration on mobile firm Idea Cellular.
Telecom regulatory authority of India on Tuesday asked Bharti and Idea Cellular to refund migration charges to their respective mobile subscribers.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances