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Chakri K June 13th, 2018 10:34 AM 24 COMMENTS

Vodafone-Idea Merged Entity to Forego 14 Million Subscribers in Six Circles

Vodafone and Idea Cellular are expected to receive their merger approval from Department of Telecommunications (DoT) this week itself. According to DoT norms, Vodafone-Idea may lose 14 million subscribers in six circles- Gujarat, Haryana, Kerala, Madhya Pradesh, Maharashtra and Uttar Pradesh (West) as a telco cannot hold more than 50% of subscriber market share in a single circle. Alongside the subscriber market share, a telco should not have more than... Read More

Arpit Sharma June 9th, 2018 12:54 PM 58 COMMENTS

UK-Based Vodafone Plans to Invest Rs 8000 Crore in its Indian Arm

The UK-based telecom operator Vodafone, in its annual report, has stated the plans for investing 1 billion Euro or around Rs 8,000 crore in the yet-to-be-merged entity with Idea Cellular. Both the telcos are expecting the proposed merger to get required approvals within this month itself. Furthermore, Vodafone stated that it would be ready to monetise the stake in Indus Towers if required, to make more investment in the merged... Read More

Chakri K June 7th, 2018 6:53 PM 10 COMMENTS

Idea Cellular to Offer Rs 20 Cashback On Every Recharge of Rs 100

Telecom operators are showering cashback offers on the users, especially in the last couple of months. Today, Idea Cellular has come up with a new offer, namely, 'Jeeto Bejhijhak,' aiming at driving data usage. Under this new offer, the telco will be providing a cashback coupon of Rs 20 on every recharge of Rs 100 for prepaid customers. The Rs 20 cashback coupon can be used on the subsequent recharges... Read More

Chakri K June 2nd, 2018 10:09 AM 14 COMMENTS

Bharti Airtel Gains 4.5 Million Subscribers in April 2018

According to the monthly subscription data released by Cellular Operators Association of India (COAI), leading telecom operator, Bharti Airtel added 4.5 million subscribers in April 2018. Airtel's subscriber base now stands at 308 million. Idea Cellular has added the most number of subscribers- 5.5 million during the month, which took the overall subscriber base to 216 million. Surprisingly, on the other hand, Vodafone India lost 6.6 lakh customers during the... Read More

Chakri K June 1st, 2018 8:01 PM 108 COMMENTS

Idea Cellular Will Be Called Vodafone Idea Post Merger

The merger of Idea Cellular and Vodafone India is expected to receive the final leg of regulatory approval from the Department of Telecom (DoT). The third-largest telco, Idea, today called an Extraordinary General Meeting (EGM) on June 26. During the EGM, the Kumar Mangalam Birla-owned telco will reportedly change its name from Idea Cellular Limited to Vodafone Idea Limited. The EGM is set for June 26, and during the same... Read More

Chakri K May 31st, 2018 5:00 PM 5 COMMENTS

Idea Cellular Successfully Completes the Standalone Tower Business Sale to ATC

Idea Cellular, today announced the completion of the sale of its pan-India standalone tower business, by way of divesting its entire stake in ICISL to ATC Telecom Infrastructure. For the unaware, Idea Cellular Infrastructure Services (ICISL) is the 100% tower subsidiary of Idea Cellular. The transaction has been closed with an enterprise value of Rs 4000 crore for approximately 9,900 standalone towers. Vodafone’s sale of its standalone tower business to... Read More

Arpit Sharma May 28th, 2018 7:54 PM 15 COMMENTS

DoT Likely to Seek Liberalisation of Vodafone Spectrum by Idea Cellular

In a new update, DoT has directed that Idea Cellular, before heading towards the merger with Vodafone India, will have to liberalise the administratively-allocated spectrum held by Vodafone, worth about Rs 45 billion. Liberalising of the spectrum will mean that the telco will allow to use every technology like third-generation (3G) or 4G services. The direction to liberalise the spectrum held by Vodafone India comes from merger and acquisition guidelines.... Read More

Chakri K May 28th, 2018 3:55 PM 15 COMMENTS

Idea Cellular Gifting 30GB of 4G Data to Users as Part of VoLTE Expansion to Nine More Circles

Idea Cellular today announced the rollout of Idea VoLTE service across nine major circles- Mumbai, Karnataka, Punjab, Haryana, West Bengal, UP East, UP West, Bihar & Jharkhand and Rajasthan, which takes the total list of Idea VoLTE circles to 15. Idea VoLTE is now available in 15 circles which cover 85% of the country's mobile subscriber base, that also makes the telco biggest VoLTE network by a GSM operator. For... Read More

Arpit Sharma May 28th, 2018 12:30 PM 11 COMMENTS

DoT to Allow 100% FDI for Idea Cellular as the Proposal Expected to Pass in a Week

Previously, Idea Cellular had proposed a plan to DoT asking for the limit of FDI in the newly ‘to be merged’ company to be extended to 100%. In the coming week, the proposal has been expected to get the affirmative from the department. Officials confirmed the news after the Aditya Birla company submitted all required documents and when Vodafone India did the same. This approval would mean that the Idea... Read More

Rudradeep Biswas May 25th, 2018 10:20 AM 7 COMMENTS

Idea Cellular-ATC Tower Deal Approved by DoT

The Department of Telecommunications (DoT) on Thursday cleared the sale of Idea Cellular’s standalone towers to the Indian arm of American Tower Corp (ATC) for Rs 4000 crore. The deal was awaiting approval on the FDI clearance from the Department of Industrial Policy & Promotion (DIPP), which has come. “Idea-ATC, captive towers deal, has been approved,” a top DoT official told ET. Queries sent to Idea and ATC did not... Read More

Rudradeep Biswas May 24th, 2018 7:44 AM 2 COMMENTS

Idea Cellular Offering 50GB 4G Data Per Month and Unlimited Calling at Rs 399

Idea Cellular was fast in judging the people’s excitement regarding the new flagship phone from OnePlus, as a result the telco has stricken a deal with the Chinese manufacturer. Idea customers who buy the OnePlus 6 will enjoy a cashback of Rs 2,000 in the form of Rs 100 discount every month for 20 billing cycles and 10GB of additional data for 20 months with the Rs 499 Nirvana postpaid... Read More

Chakri K May 23rd, 2018 5:57 PM 76 COMMENTS

Idea Cellular 4G Services Now Live in Delhi Via ICR With Vodafone

Idea Cellular has started offering 4G services in the capital city via an Intra Circle Roaming (ICR) agreement with its yet-to-be-merged company Vodafone India. All these days, Idea has been offering 3G services in Delhi, but now, users will be able to get better speeds, thanks to 4G network. That said, the company has introduced 4G in the circle via the ICR agreement, meaning it may not be able to... Read More