Spice Communications has reported a net loss. The teleom service provider suffered losses worth Rs 1, 015.2 crore for the last 15 months (ending March 2009). The net sales were at Rs 1,580.47 crore (period ended March 2009) compared to Rs 957.84 crore in the period ended December 2007.

Idea Cellular maintains its stake of 41.09 % (effective October 2008).