Idea Cellular Ltd. - Target Rs. 69.

Idea Cellular is India's fifth largest telecom wireless service operator with ~11% of the wireless subscriber base and ~13% revenue market share. Idea is a leading GSM (Global System for Mobile Communication) mobile services operator with about 66.7 million subscribers at the end of May, 2010. The company covers all the 22 2G telecom circles in India. It operates both in the 900 MHz & 1800 MHz spectrum. The company bagged 11 circles in the recently concluded 3G auction. Idea also has NLD and ILD operations. Idea has acquired Spice Telecom which is a leading player in the Punjab and Karnataka telecom markets. Aditya Birla Group is the promoter of Idea Cellular.

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