Epic Research Update : Idea Cellular

Idea Cellular, India’s 3rd largest mobile operator is planning to invest Rs 3,500 crore in building network and launching 3G service in Delhi next year. In the spectrum auction held in February, the company won 5 megahertz of spectrum in 900 MHz band in Delhi service area which it will use to launch 3G services in the national capital next year. Post Delhi 3G service launch, the 3G footprint of Idea will cover about 80% of its current revenue and about 57% of national mobile industry revenue.


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Posted in: Indian Market Tips