Key Developments: Idea Cellular Ltd (IDEA.NS)

IDEA.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Idea Cellular Ltd recommends dividend
Tuesday, 28 Apr 2015 07:14am EDT 

Idea Cellular Ltd:Recommends dividend of 0.60 Indian Rupees (Sixty Paise) per equity share of 10 Indian Rupees each.  Full Article

Idea Cellular Ltd ensures business continuity in all its leadership circles
Thursday, 26 Mar 2015 10:48pm EDT 

Idea Cellular Ltd:Says the company retained the crucial 900 MHz spectrum and won 54 MHz of 900 MHz Spectrum, out of overall win of 79.4 MHz Spectrum, for nine of its leadership Service Areas covering over 73 pct of the company’s revenues.Says Idea’s bid has helped it retain its spectrum in the 900 MHz band ensuring business continuity and customer service for over 106 million subscribers in these nine markets and related benefit for Idea’s overall subscriber base of over 155 million.  Full Article

Bharti Infratel Ltd seeks to buy Vodafone, Idea Cellular towers-Business Standard
Wednesday, 12 Nov 2014 03:56am EST 

Bharti Infratel Ltd:Has approached Vodafone and Idea Cellular to buy their mobile towers in seven out of 22 telecom circles in the country, a top official of the company said-Business Standard.  Full Article

Idea Cellular Ltd launches mobile wallet service-Business Standard
Sunday, 24 Aug 2014 06:00am EDT 

Idea Cellular Ltd:Has launched a mobile wallet service Idea Money which allows customers to conduct transactions like prepaid mobile recharges, DTH recharges, utility bill payments and money transfers-Business Standard.The service was launched in Mumbai in July and it will be expanded across the country in a phased manner.  Full Article

Idea Cellular Ltd raises 30 bln Indian rupees through qualified institutions placement
Thursday, 12 Jun 2014 08:10am EDT 

Idea Cellular Ltd:Says it has issued and allotted 223.9 mln Indian rupees equity shares of face value of 10 each Indian rupees to qualified institutional buyers, at an issue price of 134 Indian rupees per Equity Share.Says aggregating to about 30 bln Indian rupees.The Issue witnessed strong interest from both foreign and Indian investors.Overall allocation to foreign investors is about 62 pct of the Issue and to domestic investors is about 38 pct of the Issue, resulting in diversified representation from a high quality global investor base.  Full Article

Idea Cellular Ltd announces issue and allotment of equity shares to QIBs
Wednesday, 11 Jun 2014 10:11am EDT 

Idea Cellular Ltd:Issues and allots223,880,597 Equity Shares of face value of 10 Indian rupees each to eligible QIBs at price of 134 Indian rupees per Equity Share.Includes premium of 124 Indian rupees per Equity Share, aggregating about to 30,000 mln Indian rupees under the SEBI Regulations and Section 42 of the Companies Act, 2013 and the rules made thereunder.Further Company has informed that, post said allotment, paid-up equity share capital of the Company stands increased to 35,439,445,020 Indian rupees comprising of 3,543,944,502 equity shares of 10 Indian rupees each.  Full Article

Idea Cellular Ltd announces issue of equity shares on preferential basis
Tuesday, 10 Jun 2014 10:52pm EDT 

Idea Cellular Ltd:Approves making of issuance of upto 51,838,540 equity shares of 10 Indian rupees each for cash at a price of 144.68 Indian rupees per equity share aggregating to about 7.50 bln Indian rupees , on preferential basis to Axiata Investments 2 (India) Ltd.  Full Article

Idea Cellular Ltd and Indian Oil Corpn Ltd tie up to service 82 million LPG customers-Business Standard
Tuesday, 10 Jun 2014 06:36am EDT 

Idea Cellular Ltd and Indian Oil Corpn Ltd (IOC):Entered into a partnership that will allow over 82 million LPG consumers of Indane to book LPG 24x7 on mobile phones and get delivery status updates via IVR and SMS-Business Standard.  Full Article

Idea Cellular Ltd announces qualified institutions placement
Monday, 9 Jun 2014 10:35pm EDT 

Idea Cellular Ltd:Says that securities allotment committee has decided to close Issue and approved issuance of 223,880,597 equity shares of face value of 10 Indian rupees each to qualified institutional buyers (the QIBs) at an issue price of 134 Indian rupees per equity share.Aggregating about to 30 bln Indian rupees.Says issue had opened on June 5.  Full Article

Idea Cellular Ltd announces QIP Issue
Thursday, 5 Jun 2014 07:17am EDT 

Idea Cellular Ltd:Has decided to open a QIP issue by way of issue of shares aggregating upto 30.00 bln Indian Rupees.  Full Article

India's Idea Cellular Q4 profit jumps 60 pct

MUMBAI, April 28 - India's Idea Cellular Ltd on Tuesday posted a better-than-expected 60 percent jump in quarterly profit, helped by higher data revenue and strong subscriber growth.

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