Idea Cellular Ltd (IDEA.NS)
Thu, May 18 2017
* Says Idea targets high data usage customers through offers on Flipkart
MUMBAI, May 13 Idea Cellular Ltd, India's third-biggest telecoms operator, posted its second straight quarterly loss after a rival carrier's free services hit sales and eroded margins.
(The following statement was released by the rating agency) LONDON, March 20 (Fitch) Fitch Ratings says the announced merger between Vodafone India and Idea Cellular has strong business logic and strategic sense - both in terms of the scale of the enlarged group as well as how it may affect the overall market structure. On a reported basis the transaction will have a positive effect on net debt/EBITDA leverage once India is deconsolidated at the group level. However, Fitch estimates a mildl
BRIEF-Axiata Group provides media statement in relation to scheme of amalgamation of Idea Cellular Ltd
* Media statement in relation to scheme of amalgamation of Idea Cellular Limited
March 20 Indian shares snapped a two-session winning streak to end lower on Monday as software service exporters took a hit on concerns over a stronger rupee, and as investors took a breather after the NSE index hit a record high last week.
March 20 Indian shares were headed for their first drop in three sessions on Monday, taking a breather after the NSE index scaled an all-time high last week, as software services exporters remained under pressure on worries about a stronger rupee.
* Says board approved scheme of amalgamation of Vodafone India and its unit Vodafone Mobile Services Ltd with co
MUMBAI, March 20 Britain's Vodafone Group will merge its Indian subsidiary with local rival Idea Cellular within two years, Idea said on Monday.
* Says announced a roaming bonanza for its 200 million customers who travel anywhere in india or abroad
MUMBAI, Feb 27 A subsidiary of Providence Equity Partners is selling its 3.3 percent stake in India's third-biggest mobile phone carrier Idea Cellular Ltd for at least $190 million, according to a deal term sheet seen by Reuters on Monday.