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Published on Tue, Dec 26, 2006 at 16:36 | Source : Moneycontrol.com
Updated at Tue, Dec 26, 2006 at 20:35
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Idea Cellular is likely to make a 15 % pre-IPO placement.
Idea cellular management officials told CNBC-TV18 that the proceeds will be used for rollouts of Mumbai circle by 2007.
The company has got three licenses for the Mumbai and Bihar circle.
The company is also raising money for its NLD entry and operations expansions.
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Idea cellular management officials told CNBC-TV18 that the proceeds will be used for rollouts of Mumbai circle by 2007. 
