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Idea Cellular approves capital increase ahead of Vodafone merger

2018-01-04 10:03:00| Telecompaper Headlines

(Telecompaper) Indian operator Idea Cellular has approved plans to raise up to INR 67.5 billion in the sale of new shares, in order to strengthen its capital position ahead of completing its planned merger with Vodafone India. The company will sell INR 32.5 billion in shares to its controlling shareholder the Aditya Birla Group at a small discount of INR 99.5 per share, and sell the remaining shares to institutional investors or through a rights issue. The plans mean ABG will receive a slightly higher stake in the merged group with Vodafone.

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Idea Cellular to raise $1.1 billion in equity ahead of Vodafone India merger

2018-01-04 01:00:00| Total Telecom industry news

India's Idea Cellular plans to raise an additional $1.1 billion in equity in the run up to its proposed merger with Vodafone India. A total of $425 million will be made through a preferential allotment to the Aditya Birla Group…read more on TotalTele.com »

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WeBoost Drive Sleek Review: Cellular Signal Booster Helps in Remote Areas

2017-12-15 17:01:29| Extremetech

Quick to install, the Drive Sleek improves in-car quality calling for a cellphone used outside cities. Just don't expect an amplified signal where there's no service. The post WeBoost Drive Sleek Review: Cellular Signal Booster Helps in Remote Areas appeared first on ExtremeTech.

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Vodafone, Idea Cellular sell towers to ATC for INR 78.5 billion

2017-11-13 08:36:00| Telecompaper Headlines

(Telecompaper) Vodafone India and Idea Cellular have agreed to sell their tower businesses to ATC Telecom for INR 78.5 billion (USD 1.2 billion). This is part of Vodafone and Idea's planned merger. 

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LG and Qualcomm partner on connected vehicle technology; 5G, cellular vehicle-to-everything technologies

2017-10-20 10:55:38| Green Car Congress

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