News: Idea Cellular Ltd (IDEA.NS)
26 Aug 2014
Mon, Jul 21 2014
July 21 - Indian mobile phone company Idea Cellular reported a 57 percent jump in quarterly profit on Monday, benefiting from fewer competitors, higher call rates and more customers using data plans.
July 21 - India's Idea Cellular Ltd reported a 57.2 percent jump in quarterly profit as mobile phone carriers benefit from fewer competitors in the world's second-largest mobile phone market after a long price war.
MUMBAI, June 6 - Indian telecommunications company Idea Cellular Ltd's up to $506 million share sale to institutional investors, launched on Thursday, received a demand of nearly three times the number of shares on offer, people directly involved with the deal said on Friday.
* Launches share sale to funds in range of 131-136.35 rupees
NEW DELHI, June 5 - India's Idea Cellular Ltd said on Thursday it was launching a share sale of up to 30 billion rupees ($505.5 million), as it needs to buy airwaves in the next government auction.
(Adds Medtronic, EDF, UniCredit, Zimmer Holdings, Bank of Cyprus, Orange, Lafarge, Pemex, Idea Cellular, Rosneft, Dubai Islamic Bank; updates Ciech, NRG Yield)
MUMBAI, June 4 - Indian mobile phone operator Idea Cellular Ltd plans to launch a share sale to raise as much as $500 million on Thursday to part fund its capital expenditure including a purchase of mobile radiowaves, three people involved in the deal said.
* Lower competition helping Indian cellular carriers (Adds details, management comments)
NEW DELHI, April 28 - Idea Cellular Ltd, India's third-biggest mobile phone carrier, reported a 90 percent jump in quarterly net profit, beating estimates, on higher voice call prices.