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Jio blues: Idea posts 4th straight quarterly loss

New Delhi: Telecom carrier Idea Cellular Ltd posted its fourth straight quarterly loss on Monday, as it struggled with the aggressive pricing structure brought in by an upstart rival. Idea posted a loss of Rs 1,106.80 crore for the second quarter of the ... read more

UPDATE 1-India's Idea Cellular posts quarterly loss; to sell tower unit

Nov 13 (Reuters) - Idea Cellular reported a fourth straight ... in the quarter ended Sept. 30, compared with a profit of 915 million rupees a year earlier. (bit.ly/2i9WwuO) Analysts on average expected the company to post a loss of 11.25 billion rupees ... read more

Idea Cellular Q2 net loss widens to Rs1107.7 crore; shares fall

Total revenue for the telco stood at Rs 7465.4 crore, down by 19.7 % from the same period previous year.ETTelecom | Updated: November 13, 2017, 19:19 IST MUMBAI: Idea Cellular posted its straight fourth quarter loss ... constraint post the entry of ... read more

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American Tower to buy Indian telecoms masts from Idea, Vodafone for $1.2 bln

Idea Cellular, part of the Aditya Birla conglomerate, on Monday reported its fourth straight quarterly loss, mainly due to it having to compete against Jio's series of cut-price service offers. American Tower, which agreed to take control of Indian masts ... read more

RCom Posts Loss Of Rs 966 Crore In Q4, Hit By Price War

Idea Cellular and Vodafone India also suffering from the cut-price competition. Reliance Communications, controlled by billionaire Anil Ambani, said on Saturday it made a consolidated net loss of Rs 966 crore ($149.8 million) for its fiscal fourth quarter ... read more

Idea Cellular posts quarterly loss; to sell tower unit

Idea Cellular reported a fourth straight ... loss of 11.07 billion rupees ($169.45 million) in the quarter ended Sept. 30, compared with a profit of 915 million rupees a year earlier. (http://bit.ly/2i9WwuO) Analysts on average expected the company to post ... read more

UPDATE 1-India's Idea Cellular posts quarterly loss; to sell tower unit

Idea Cellular reported a fourth straight quarterly loss on Monday as intense competition in the telecom sector continued to hurt, and said it would sell its tower business to reduce debt. The tower business will be sold at an enterprise value of 40 billion ... read more

India's Idea Cellular posts quarterly loss; to sell tower unit

Nov 13 (Reuters) - Idea Cellular reported a fourth straight ... loss of 11.07 billion rupees$169.45 million in the quarter ended Sept. 30, compared with a profit of 915 million rupees a year earlier (graphic). Analysts on average expected the company to ... read more


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