Top 10 Telecom Companies in India 2017

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2. Idea Cellular

Idea Cellular is an Indian mobile network operator with its headquarters in Mumbai, Maharashtra, India.


Image: company website

The company was founded in 1995 and it offers the following services – 2G, 3G and 4G mobile services. Amid its commencement in 1995, Aditya Birla Group, Tata Group and AT&T Wireless each held 33% value in the organization.

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Following AT&T Wireless' merger with Cingular Wireless in 2004, Cingular chosen to offer its 32.9% stake in Idea. This stake was purchased by the staying two partners equally. Tata forayed into the cell showcase with its own auxiliary, Tata Indicom, a CDMA-based versatile supplier and in April 2006, Aditya Birla Group reported the obtaining of the 48.18% stake held by Tata Group at INR 40.51 an offer adding up to INR 44.06 billion with 15% of the stake gained by Aditya Birla Nuvo and the staying by Birla TMT property Private Ltd. both AV Birla family possessed organizations. On 20 March 2017, Idea and Vodafone India reported that their particular sheets had endorsed a merger of the two organizations. The merger excluded Vodafone's 42% stake in Indus Towers Ltd. The merger created the biggest telecom organization in India by supporters and by income. Under the terms of the arrangement, the Vodafone will hold a 45.1% stake in the consolidated substance, the Aditya Birla Group will hold 26% and the rest of the offers will be held by the general population.

The company is listed in the following stock exchanges in India:

• Bombay Stock Exchange

• National Stock Exchange of India

As per the Financial Report for the Financial Year 2016-17, the company earned a total Revenue of INR 358,827 million and a Total Comprehensive Income of INR 27,142 million.

Customer Base (in millions): 185.2

Total Revenue (Million): Rs369313

Net Income (Million): Rs4875



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