Idea Cellular

Idea Cellular biggest bidder in India spectrum auction

Following the Indian Supreme Court lifting its initial embargo on publishing results, Idea Cellular has emerged as the biggest bidder in the country’s latest 2G and 3G spectrum auction. After 19 days and 115 rounds of bidding, the Indian government managed to haul in a nice lot of cash at a record total of INR1.1 trillion ($17.5 billion).

India’s BSNL cuts off operators following dispute

The stand-off between India’s state-owned telco BSNL and several private operators shows no signs of abating, with even emergency services remaining unavailable to non-BSNL users in parts of the country.

Bright Idea to control Spice

Indian operator Idea Cellular has announced plans to acquire a sizeable stake in rival operator Spice Communications for around $509m and merge the two companies. Under the deal, Idea will snap up 40.8 per cent of Spice and will also make an offer for an additional 20 per cent. Altogether, the deal could cost $800m. […]

Providence buys into big Idea

Private equity group Providence Equity Partners said Thursday that is has invested $640m in a subsidiary of Indian mobile operator Idea Cellular. The investment is on Aditya Birla Telecom Limited (ABTL) and will get providence a 16 per cent stake in Indus Towers, a joint venture formed by Vodafone Essar, Bharti Airtel and Idea to […]

Vodafone creates Indian network sharing company

Vodafone’s newly acquired Indian mobile unit, Vodafone Essar, has teamed up with two rival GSM carriers to set up a shared network infrastructure in the country. Bharti Infratel and Idea Cellular have both agreed to set up an independent tower company with the Big V, providing passive infrastructure services in India to all operators in […]

Idea hot on Spice merger

Indian operator Idea Cellular is reportedly close to striking a buyout of smaller rival Spice Telecom, valuing the firm at around $1bn. Spice is 51 per cent owned by industrialist B K Modi, with Telecom Malaysia holding the remaining 49 per cent. Idea is owned by the Aditya Birla Group.Idea had around 14.5 million subscribers […]

Polls

How have open source groups influenced the development of virtualization in telecoms?

Loading ... Loading ...