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Tag Archives: Idea Cellular

Idea Cellular raises $215 million from EDC: Report

In order to restructure its long-term debt and lower finance costs, Idea Cellular has reportedly raised $215 million in debt from Export Development Canada (EDC). The latest financing deal with Idea Cellular is part of EDC’s growing engagement with Indian Inc. It currently has a $4-billion exposure to Indian companies ... Read More »

Idea Cellular unveils 4G in Mumbai

Idea Cellular, the country’s third largest telco, has completed its 4G rollout by adding the important Mumbai circle. The company has launched with some aggressive data tariffs offering unlimited voice calls for Rs 395. As part of its inaugural offer, all 4.4 million existing Idea customers, both on prepaid and ... Read More »

Idea claims it is now a pan-India mobile broadband provider

NEW DELHI: Telecom operator Idea Cellular today said that with the latest launch of 4G service in Mumbai, it has become pan-India provider of broadband services on mobile phones. “With the launch of 4G LTE services in Mumbai, Idea declares pan-India mobile broadband operations in shortest possible time,” Idea said ... Read More »

Telecom Price Wars: Airtel, Vodafone, Idea Offers To Rival Jio’s Dhan Dhana Dhan Offer

Reliance Jio again disrupted the voice calls and internet data tariffs after it decided to withdraw its “Summer Surprise” offer on telecom regulator TRAI’s advice. The company after withdrawing the “Summer Surprise” plan earlier this week launched a new scheme called “Dhan Dhana Dhan”, offering “unlimited” data under recharge packs ... Read More »

Idea Cellular launches ‘Data Jackpot’ for postpaid customers

Idea Cellular has launched an offer called ‘Data Jackpot’ for postpaid customers, offering up to 10 GB data per month, for first three months, through My Idea App at a nominal rental of Rs 100. The customers opting for this offer will get a minimum of 1GB to a jackpot ... Read More »

Aditya Birla Idea Payments Bank gets RBI license for payments bank business in India

Reserve Bank of India (RBI) has granted license to Aditya Birla Idea Payments Bank, a 51:49 joint venture (JV) between Aditya Birla Nuvo (ABNL) and Idea Cellular, to carry out business of payments bank in India. Payments banks are allowed to accept deposits and open current and savings accounts, but ... Read More »