Tag: Idea Cellular
With companies like Reliance going all the way to increase their consumers, India's telecom subscriber base including mobile and landline combined, touched the 1.18 billion mark at the end of February 2017
Mobile operator Idea Cellular, currently in merger talks with Vodafone India said it plans to raise Rs 1,000 crore through issuance of non-convertible debentures on private placement basis.
The proposed merger between Vodafone and Idea Cellular is a credit positive for the telecom sector and will push the combined entity's margins up by around 3 percentage points on cost synergies, India Ratings said.
Telecom operator Idea Cellular is set to launch a variety of apps across movies, TV, music, games and others next week as part of its bid to transform into a full-fledged digital services company