February 22, 2017 12:20 AM ET

Wireless Telecommunication Services

Company Overview of Vodafone India Limited

Company Overview

Vodafone India Limited provides cellular telecommunication services in India. The company offers prepaid and postpaid services, including number portability, roaming, and calling cards; mobile Internet and 4G; and phones for consumers. It provides voice and messaging, data, wireless, audio conferencing, hosted business solutions, enterprise Website solutions, and machine to machine solutions; and devices and phones to businesses. The company also provides downloading services in the areas of entertainment and lifestyle; games, and downloads and applications; social networking; mail and messaging; devotional; health; news and finance; travel and transportation; caller management; and M-Pesa P...

Peninsula Corporate Park

Ganpatrao Kadam Marg

Lower Parel

Mumbai,  400013

India

Founded in 1992

Phone:

91 22 7171 5000

Fax:

91 22 2496 3645

Key Executives for Vodafone India Limited

Chief Executive Officer and Managing Director
Age: 55
Non-Executive Chairman and Partner
Age: 62
Chief Operating Officer
Chief Executive Officer of Andhra Pradesh and Business Head of Kerala
Chief Executive Officer of Hutchison Telecom Hong Kong
Compensation as of Fiscal Year 2016.

Vodafone India Limited Key Developments

Investment Banks Reportedly Scrambling To Win Advisory Roles In A Potential Merger Involving Vodafone

Investment banks are reportedly scrambling to win advisory roles in a potential merger involving Vodafone Group Plc (LSE:VOD)’s Vodafone India Limited in India. BofA Merrill Lynch, UBS Group AG (SWX:UBSN) and Standard Chartered PLC (LSE:STAN) are among banks scrambling to win advisory roles in a potential merger involving Vodafone Group Plc (LSE:VOD)in India, sources said. The banks picked to advise on the deal could end up sharing as much as $40 million, according to Freeman Consulting. Vodafone Group is in talks with Merrill Lynch, UBS and Rothschild & Co SCA (ENXTPA:ROTH) for advisory roles, three sources with direct knowledge of the development, told Reuters. Morgan Stanley (NYSE:MS) has already been picked for the advisory role in the proposed merger, the sources added. Idea Cellular is likely to rope in StanChart and some Indian boutiques to work on the transaction, said the sources. They said the talks for hiring the advisers have not been completed and the list could change. Morgan Stanley, StanChart, UBS and Rothschild declined to comment, while BofA Merrill Lynch, Vodafone and Idea did not respond to a request for comment. The sources declined to be named as procedures related to the merger talks are not public.

Vodafone Expands Supernet 4G Service to Mathura

Vodafone India has launched its SuperNet 4G service in Mathura. The service is currently available in Meerut, Agra, Bareilly, Dehradun and more than 50 other cultural, educational and tourism hubs. Vodafone SuperNet 4G will soon be made available across several other major towns across the circle by March.

Idea Cellular looks to sell tower business in two separate deals

Idea Cellular Limited (NSEI:IDEA) is looking to sell its telecom tower interests even as it explores a merger with Vodafone India Limited, according to two people familiar with the company’s discussions with potential buyers. Idea Cellular has initiated talks with Bharti Infratel Limited and American Tower Corporation (ATC) to sell its tower assets in two separate deals, said the people, both of whom spoke on condition of anonymity. “Idea Cellular is in talks with Bharti Infratel to sell its entire 16% holding in Indus Towers, which is a three-way joint venture between Idea Cellular (through its unit Aditya Birla Telecom Ltd), Bharti Infratel Ltd and Vodafone India,” said one of the two people.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 31, 2016
--
Private Placement
May 31, 2016
--
 

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