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Idea Cellular rises on launching 3G WiFi dongle with 21.6 MBPS download speed

10 Jul 2014 Evaluate

Idea Cellular is currently trading at Rs. 134.50, up by 0.85 points or 0.64% from its previous closing of Rs. 133.65 on the BSE.

The scrip opened at Rs. 134.00 and has touched a high and low of Rs. 135.20 and Rs. 133.70 respectively. So far 59070 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 10 has touched a 52 week high of Rs. 188.35 on 15-Oct-2013 and a 52 week low of Rs. 125.10 on 28-Feb-2014.

Last one week high and low of the scrip stood at Rs. 138.35 and Rs. 132.15 respectively. The current market cap of the company is Rs. 47490.40 crore.

The promoters holding in the company stood at 42.91% while Institutions and Non-Institutions held 26.44% and 30.65% respectively.

Idea Cellular, the country’s third largest mobile operator, has launched a 3G WiFi dongle that offers fast download speed of up to 21.6 MBPS download and an upload speed of up to 5.76 MBPS. It can connect as many as 10 devices simultaneously. The device is priced at Rs 2,199 and is available across 11 circles where the company provides 3G services. The data pack ranges from Rs 250 to Rs 1,250.

This dongle will be available across 11 markets Andhra Pradesh, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Kerala, Madhya Pradesh & Chhattisgarh, Maharashtra & Goa, Punjab, Uttar Pradesh East & West.

Idea Cellular, an AV Birla group company, provides Global System for Mobile communications (GSM)-based wireless service at the pan-India level, it is present in all 22 telecom circles.

 

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