Axiata

Idea Cellular scraps $493 million Videocon airwaves deal

India`s third-biggest mobile phone operator, Idea Cellular Ltd , said it has called off its plan to buy telecom spectrum worth Rs 33.10 billion (USD 493 million) from smaller rival Videocon Telecommunications.

 

Mar 17, 2016, 09:41 AM IST

Idea to raise Rs 750 cr through preferential issue

Idea said the securities allotment committee of the board, at its meeting on June 10, has approved issuance of 5.18 crore shares at a price of Rs 144.68 per equity share to Axiata Investments 2 (India) Ltd.

Jun 12, 2014, 13:59 PM IST