Telecom service provider, Idea Cellular has recorded a fall of 18 per cent in its consolidated net profit to Rs 200.9 crore in the third quarter till December 2011 mainly due to higher depreciation and financing costs in 3G services.

Idea Cellular, the telecom unit of the Aditya Birla Group, has reported a disappointing 41 per cent fall in consolidated net profit to Rs 105.76 crore in the second quarter of the year compared to Rs 179.74 crore posted in the same period previous year.

Idea's profit-after-tax fell mainly due to higher net interest and finance costs of Rs 253.8 crore on account of third generation (3G) debt and increased manpower costs, it said in a filing to the Bombay Stock Exchange. Interest costs almost doubled to Rs 293 crore from Rs 102 crore in the quarter.

As per the decision made by the Telecom Regulatory Authority of India (TRAI), all the leading telecom industries, including Bharti Airtel, Vodafone Essar and Idea Cellular, within six months, would make some modifications in their tariff plans.

The recommendation was made, after the TRAI members discovered that many of the operators violated the organization rules because they without any reason increased their tariff rates by 20%.

Bharti Airtel, Vodafone and Idea Cellular have decided to work together to offer the 3G service in the country.

The three companies will use each other’s networks through inter and intra-circle roaming arrangements to offer fast 3G service in the country to their millions of subscribers.

On 5th of July, 2011 the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) has asked the Department of telecom (DoT) to free the Idea Cellular from the hefty fine of Rs 250 crore. DoT imposed a fine upon Idea after finding it guilty for holding overlapping mobile permits in five telecom circles.

Idea has been in the news since it acquired Spice Communications. Spice Communications has the permission to operate in the six regions namely, Punjab, Karnataka, Andhra Pradesh, Delhi, Haryana and Maharashtra. However, the deal provided Idea a license to operate only in Punjab and Karnataka.

According to the market sources, it was revealed that Idea Cellular Ltd. (IDEA), the mobile-phone company which is owned by Indian billionaire, Kumar Mangalam Birla has fallen the most in two weeks in Mumbai trading after a court ruled against the company that the company must return overlapping licenses which were obtained from an acquisition three years ago to the government.

Technical analyst Anil Singhvi maintained 'sell' rating on Idea Cellular Limited stock with a target of Rs 64.

According to analyst, the investors can sell the stock with a stop loss of Rs 70.

Mr. Singhvi added that it's better to sell the stock in today's session as there are full chances of decline.

Today, the stock of the company opened at Rs 66.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 79.90 and a low of Rs 49.80 on BSE.

Current EPS & P/E ratio stood at 2.70 and 24.43 respectively.

Technical analyst Salil Sharma has maintained 'buy' rating on Idea Cellular Limited stock with a target of Rs 74.50.

According to analyst, the investors can buy the stock with a stop loss of Rs 69.50.

The stock of the company, on January 24, closed at Rs 69.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 79.90 and a low of Rs 49.80 on BSE.

Current EPS & P/E ratio stood at 2.70 and 26.67 respectively.

Technical analyst Manoj Sachdeva of Hem Securities has maintained 'buy' rating on Idea Cellular Limited stock with a target of Rs 78.

According to analyst, the investors can purchase the stock at Rs 70 with a stop loss of Rs 67.

The analyst also said that the said target can be achieved in a period of 3-4 days.

The stock of the company, on December 29, closed at Rs 69.75 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 79.90 and a low of Rs 49.80 on BSE.

The Idea Cellular, mobile services supplier posted a 10.45% decline in its combined net profit at Rs 180 crore as in opposition to Rs 201 crore (QoQ) for the subsequent quarter of financial year 2011. Its combined net sales were approximately even at Rs 3,659 crore in opposition to Rs 3,654 crore, QoQ.

Stock market analyst Salil Sharma has maintained 'hold' rating on Idea Cellular Ltd stock with a target of Rs 79.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 73.50.

The stock of the company, on Sep 14, closed at Rs 74.70 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 78.50 and a low of Rs 48.05 on BSE.

Current EPS & P/E ratio stood at 2.60 and 28.84 respectively.

Stock market analyst Krunal Dayma has maintained 'buy' rating on Idea Cellular Ltd stock with target of Rs 76.

According to analyst, the investors can buy the stock on dips with stop loss of Rs 63.

Today, the stock of the bank opened at Rs 71.90 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 2.60 and 27.76 respectively.

The share price has seen a 52-week high of Rs 84.85 and a low of Rs 48.05 on BSE.

Stock market analyst Ashish Chaturmotha of Anand Rathi Securities has maintained 'buy' rating on Idea Cellular Ltd stock with target of Rs 72.

According to analyst, the interested investors can buy the stock with stop loss of Rs 66.

On July 26, the stock of the company closed at Rs 67.65 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 2.60 and 26.11 respectively.

The share price has seen a 52-week high of Rs 84.85 and a low of Rs 48.05 on BSE.

Net profit of one of the major cellular company of India, Idea Cellular was down by 31 per cent, said the company on Friday.

The reason for this fall is that it has been facing operational losses happening due to launch of new services and also because of the payments for buying spectrum.

Falling circle rates and rising competition not only on the large infrastructure front but also on the tariff side has also done its bit to increase the expenses.

Stock market analyst Anil Maghnani has maintained 'buy' rating on Bharti Airtel Ltd stock with an intraday target of Rs 68.

According to analyst, the investors can buy the stock with stop loss of Rs 63.

The stock of the company, on July 14, closed at Rs 64.35 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 2.89 and 22.54 respectively.

The share price has seen a 52-week high of Rs 84.85 and a low of Rs 48.05 on BSE.

Stock market analyst Mitesh Thacker has maintained 'buy' rating on Idea Cellular Ltd stock above Rs 55.75 with target of Rs 60-62.

According to analyst, the investors can hold the stock with stop loss below Rs 54.50.

Today, the stock of the company opened at Rs 55.05 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 84.85 and a low of Rs 48.05 on BSE.

Current EPS & P/E ratio stood at 2.89 and 19.21 respectively.

Idea Cellular stated that it projects to begin 3G services during the third quarter of 2010-11.

Idea Cellular received positive news as the special auditors found no discrepancy in its balance-sheet. They have submitted the report to the department on Tuesday.

Few of the telecom companies including Bharti Airtel, Vodafone Essar, Reliance Communications and Tata Teleservices have been ordered to submit accounting details for three years from 2006-07 to the Comptroller and Auditor General of India (CAG) in the next 15 days.

Adding Further, Auditors told that we did not find any diversion in revenues which may cause lower Adjusted Gross Revenue (AGR).

Idea Cellular, leading telecom subsidiary of Aditya Birla Group, has registered a decent growth of 53% in the quarterly net profit. India’s fifth-major telecom company has posted a consolidated net profit of Rs 220 crore in the September three month period, compared to Rs 144 crore in a year-ago period.

Further, company’s revenue, during the said period, surged 29% to Rs 2,974 crore.

Idea runs in 18 of country’s 22 telecom zones as well as is having 40% countryside subscribers.

Here’s good news for those who are using Idea Cellular services in Rajasthan.

Idea Cellular on Thursday has come up with a per second pulse rate for its subscribers in Rajasthan.

As per the scheme, Idea users in the state will be offered 1paisa per second on any local and STD numbers.

Existing Idea customers can avail the “Per Second Calling” plan by purchasing “Super Seconds” voucher for Rs. 24.

However, new subscribers will have to pay Rs. 55 for a period of one year service to avail this service.

Aditya Birla Minacs, the BPO arm of the AV Birla group, has signed a five-year outsourcing services deal with Idea Cellular.

The deal, which is valued at Rs 600-crore, is an expansion of Minacs' existing relationship with Idea Cellular.