introduction of aditya birla group

8/4/2019 Introduction of Aditya Birla Group

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INTRODUCTION OF ADITYA BIRLA GROUP:

Idea Cellular, usually referred to as Idea, is a wirelesstelephonycompany operating in all the 22

telecom circles inIndiabased inMumbai. Idea is the 3rd largest mobile services operator in India, in

revenue terms, and recorded a subscriber base of over 98.4 mn as of 31st August 2011.

In 2000, Tata Cellular was a company providing mobile services in Andhra Pradesh. When Birla-AT&T

brought Maharashtra and Gujarat to the table, the merger of these two entities was a reality. Thus Birla-

Tata-AT&T, popularly known as Batata, was born and was later branded as !dea.

Then Idea set sights on RPGs operations in Madhya Pradesh which was successfully acquired, helping

Batata have a million subscribers, and the licence to be the fourth operator in Delhi was clinched.

In 2004, Idea (the company had by then been rechristened) bought over the Escorts groups Escotel

gaining Haryana, Uttar Pradesh (West) and Kerala and licences for three more UP (East), Rajasthan

and Himachal Pradesh. By the end of that year, four million Indians were on the companys network. In

2005, AT&T sold its investment in Idea, and the year after Tatas also bid good bye to pursue an

independent telecom business. And Idea was left only with one promoter, the AV Birla group. Rs 2,700

crore adding Punjab and Karnataka circles. Modis joint venture partner, Telekom Malaysia, invested Rs

7,000 crore for a 14.99% stake in Idea. Just around then, Ideas subsidiary, Aditya Birla Telecom sold a

20% stake to US-based Providence Equity Partners for over Rs 2,000 crore.

HISTORY AND DEVELOPMENT OF IDEA CELLULAR LIMITED:

We are part of the Aditya Birla Group and all our Promoters are companies belonging to the Aditya Birla

Group

1995

Incorporated as Birla Communications Limited Obtained licenses for providing GSM-based services in the Gujarat and Maharashtra Circles following the original GSM license bidding process.

1996
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Changed name to Birla AT&T Communications Limited following jointventure between Grasim Industries and AT&T Corporation

1997

Commenced operations in the Gujarat and Maharashtra Circles1999

Migrated to revenues share license fee regime under NewTelecommunications Policy ("NTP")

2000

Merged with Tata Cellular Limited, thereby acquiring original license forthe Andhra Pradesh Circle

2001

Acquired RPG Cellular Limited and consequently the license for theMadhya Pradesh (including Chattisgarh) Circle

Changed name to Birla Tata AT&T Limited Obtained license for providing GSM-based services in the Delhi Circle

following the fourth operator GSM license bidding process

2002

Changed name to Idea Cellular Limited and launched "Idea" brand name Commenced commercial operations in Delhi Circle Reached the one million subscriber mark

2003

Reached the two million subscriber mark2004

Completed debt restructuring for the then existing debt facilities andadditional funding for the Delhi Circle.

Acquired Escotel Mobile Communications Limited (subsequentlyrenamed as


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Idea Mobile Communications Limited) Reached the four million subscriber mark First operator in India to commercially launch EDGE services 2005

2005

Subscriber base as on December 31, 2005: 6,473,962 Reached the five million subscriber mark Turned Profit Positive Won an Award for the "Bill Flash" service at GSM Association Awards

in Barcelona, Spain

Sponsored the International Indian Film Academy Awards2006

Subscriber base as on December 31, 2006: 12,442,450 Became part of the Aditya Birla Group subsequent to the TATA Group

transferring its entire shareholding in the Company to the Aditya Birla

Group

Acquired Escorts Telecommunications Limited (subsequently renamed asIdea Telecommunications Limited)

Restructuring of debt Launch of the New Circles

Reached the 10 million subscriber mark Received Letter of Intent from the DoT for a new UAS License for the

Mumbai Circle.

Received Letter of Intent from the DoT for a new UAS License for theBihar Circle through Aditya Birla Telecom Limited. ABNL, the parent of

Aditya Birla Telecom Limited, pursuant to a letter dated November 22,

2006, agreed to transfer its entire shareholding in Aditya Birla Telecom

Limited to the Company for the consideration of Rs. 100 million.

2007

Subscriber base as on December 31, 2007: 21,054,027 Won an award for the "CARE" service in the "Best Billing or Customer

Care Solution" at the GSM Association Awards in Barcelona, Spain

Initial Public Offering aggregating to Rs. 28,187 million and Listing ofEquity Shares on the Bombay Stock Exchange and the National StockExchange


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Merger of seven subsidiaries with Idea Cellular Limited Reached the twenty million subscriber mark

2008

Subscriber base as on December 31, 2008: 40,016,153 Idea acquired 9 licences for Punjab, Karnataka, Tamil Nadu & Chennai,

West Bengal, Orissa, Kolkata, Assam, North East and Jammu & Kashmir

Acquired Spice Communications with the operating circles of Punjab andKarnataka

Launched services in Mumbai metro in the largest single metro citylaunch, ever

Launched services in Bihar

2009

Subscriber base as on December 31, 2009: 57,611,872 Idea becomes a pan-India operator Emerging Company of the Year - fastest growing mobile operator in the

worlds fastest growing telecom market

2010

Subscriber base as on December 31, 2010: 81,778,655 Idea won 3G Spectrum in 11 service areas in India. These markets

account for over 81% of the companys total revenue

Idea crossed usage of One Billion Minutes per day on the network,propelling it amongst the Top 10 country operators in the world

Idea emerged as the 3rd largest mobile operator in India, in revenueterms.

IDEA SERVICES ATTRIBUTES:-

introduction of aditya birla group

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