Global private equity firm Providence Equity Partners has exited its 3.3 percent stake in India-based mobile operator Idea Cellular on the Bombay Stock Exchange for INR1.29 billion (approximately US$193 million). Providence sold 120 million shares for INR107.32 per share. Providence originally acquired a 15 percent stake in 2006 for INR1.8 billion (approximately US$400 million).