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Idea Cellular in second corporate bond issue in weeks amid intense mobile competition

Connectivity BusinessbyConnectivity Business
January 3, 2017
in Financing, Space Services
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India’s third largest mobile operator Idea Cellular aims to raise Rs10bn (US$146.5m) in a private placement of unsecured redeemable non-convertible debentures less than a month after selling Rs15bn (US$219.7m) of corporate bonds. Idea Cellular, which like other local mobile operators is under pressure to boost its wireless offerings following the arrival of billionaire Mukesh Ambani’s Reliance Jio […]

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Tags: AircelAsia PacificBharti AirtelIdea CellularPremiumReliance CommunicationsReliance Jio InfocommTelenorTF251Vodafone
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