Idea Cellular Ltd (IDEA.NS)
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July 30 India's Idea Cellular Ltd reported a surprise quarterly profit on Monday on a one-time gain from the sale of telecom towers, but an aggressive pricing war set in motion by deep-pocketed rival Reliance Jio continued to dent its topline.
July 30 India's Idea Cellular Ltd reported a surprise quarterly profit on Monday, helped by a one-time gain from the sale of its telecom towers.
* Read to focus on integration, realising deal benefits (Adds further quotes)
* SAYS CO ROLLS OUT VOLTE SERVICES FOR CUSTOMERS IN 6 MAJOR MARKETS Source text - Idea Cellular, one of the leading telecom operators in the country, today announced the roll out its VoLTE (Voice over LTE) service for customers across six major markets - Maharashtra & Goa, Gujarat, Kerala, Tamil Nadu, Andhra Pradesh & Telangana and Madhya Pradesh & Chhattisgarh. Idea customers across these markets can avail the revolutionary VoLTE technology starting 2nd May, 2018 Further company coverage:
April 28 Idea Cellular Ltd, India's third-biggest telecoms carrier, posted a sixth straight quarterly net loss that was narrower than expected but showed the firm continues to battle intense competition sparked by upstart rival Reliance Jio.
* Combined tower firm to be called Indus Towers, to remain listed
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March 22 Vodafone Group Plc's Indian unit and Idea Cellular, which are in the process of merging their operations to create the country's biggest telecoms carrier, on Thursday named Vodafone veteran Balesh Sharma as the new chief executive for the combined venture https://www.bseindia.com/xml-data/corpfiling/AttachLive/6d618f11-7190-4e5f-aa06-39daccc6c706.pdf.
BRIEF-Vodafone, Aditya Birla Announces New Leadership Team Of Merger Between Vodafone India, Idea Cellular
* VODAFONE GROUP AND ADITYA BIRLA GROUP ANNOUNCE PROPOSED NEW LEADERSHIP TEAM OF MERGER BETWEEN VODAFONE INDIA AND IDEA CELLULAR