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In the world Market,
Vodafone is ranked second in terms of connections almost 390
Mn(After China mobile) and 4 th inrevenue,$ 55 Bn.
Top 3 in India (Market share by Revenue)
1. Bharti Airtel - 30.9% of the total revenue generated by all
telecom operators2. Vodafone - 23.4% share of the market3. Idea
16.2% These top 3 accounts for 70% of the total revenue from India
Mobile market
Top 3 shared almost 90% of the total incremental revenue in last
quarter.
Vodafone India (Based in Mumbai)
Vodafone India, formerly Vodafone Essar and Hutchison Essar, is
the third largest mobilenetwork operator in India after Airtel and
Reliance Communication by subscriber base.
It has approximately 150 million customers as of December
2012.
In July 2011, Vodafone Group agreed terms for the buy-out of its
partner Essar from its Indianmobile phone business. The UK firm
paid $5.46 billion to its Indian counterpart to take Essar
out of its 33% stake in the Indian subsidiary. Now Vodafone owns
74% of the Indian business, while the other 26% will be owned by
Indian
investors, in compliance with Indian law Vodafone India launched
3G services in the country in the JanuaryMarch quarter of 2011
On 19 May 2010, the 3G spectrum auction in India ended. Vodafone
paid 11617.86 million(the second highest amount in the auctions)
for spectrum in 9 circles
On 16 March 2011, Vodafone launched 3G services in Uttar Pradesh
(East) in the city ofLucknow.
Vodafone Angel Store, is a first of its kind retail concept
store, that is completely managedand run by women employees,
including security, pantry staff, customer service resourcesand
management level personnel
According to Marten Pieters, Managing Director and CEO, Vodafone
India, "The AngelStores are a part of Vodafones commitment to
provide our women employees with one of themost secure and
productive work environment
Top 4 states by subscriber base (with above 1 Mn users) Gujrat,
UP, Maharashtra, WB
Latest News
Vodafone to acquire 100% in Indian arm
Set to apply to the Foreign Investment Promotion Board (FIPB) to
raise its stake in its Indianarm to 100% from the current 74% at an
estimated cost of $2.8 billion
The government had in August approved 100% foreign direct
investment in Telecom
Vodafone, which entered India in 2007 by acquiring Hutchison
Whampoas local cellularassets in a $11-billion deal, owns 74% in
the nations second-biggest telecoms companyby number of users.
Piramal Group is Vodafones largest Indian investor with close to
11% stakes in the company
Vodafone India registered a 24.5% jump in operating profit to
`10,641 crore in 2012-13.Revenues also rose 10.2% to `35,886
crore
The UK telecom major has encountered numerous challenges, from
the high cost ofradiowave spectrum to a continuing `11,000-crore
plus tax dispute
Vodafone India Chief Executive Marten Pieters told ET in an
interview. "The problem is assettrading is not allowed under
current rules. Spectrum can't be traded, but the most value is
inthe spectrum.
