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Journalism of Courage
The Aditya Birla Group-promoted Idea Cellular, India8217;s fifth-largest mobile operator, is finally up and running in Mumbai. Idea already provides mobile services in 11 of 22 telecoms service areas and has licences for the others.
20 per cent
Company8217;s target of luring new users per month over the next year
Rs 800 crore
Total capital expenditure planned in the financial year ending April 2009
Rs 600 crore
The money lined up for Mumbai expansion. The company expects to break even in four years
Rs 200 crore
The money earmarked for new telecom licences
Shares up
The shares moved up by 2.81 per cent to close at Rs 84.20 on the Bombay Stock Exchange.
