November 23, 2017 6:00 PM 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

CEO, MD & Director
Age: 56
Non-Executive Chairman and Partner
Age: 63
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 2017.

Vodafone India Limited Key Developments

Vodafone India Announces Earnings Results for the Six Months Ended September 30, 2017

Vodafone India announced earnings results for the six months ended September 30, 2017. For the period, the company reported service revenue of EUR 2,601 million against EUR 3,005 million a year ago. Revenue was EUR 2,610 million against EUR 3,015 million a year ago. Adjusted EBITDA was EUR 557 million against EUR 892 million a year ago. Adjusted EBIT and operating profit was EUR 544 million against EUR 223 million a year ago. Operating profit was EUR 490 million against operating loss of EUR 6,217 million a year ago. Closing net debt as on September 30, 2017 was EUR 8,022 million against EUR 4,736 million a year ago.

Bharti Infratel To Acquire Stake In Indus Towers

Bharti Infratel Limited (NSEI:INFRATEL) intends to acquire a stake in Indus Towers Limited. Bharti Infratel is exploring a mega stake acquisition in larger peer Indus Towers. Bharti Infratel said that it aims to buy the stake it doesn’t own in its Indus Towers from Vodafone India Limited, Idea Cellular Limited (NSEI:IDEA) and a private equity firm. Bharti Infratel Limited said that its Board has decided to “explore and evaluate acquisition of stake in one or more tranches in Indus Towers Ltd with the aim of making it a subsidiary or wholly owned subsidiary of Bharti Infratel Ltd”.

Infra Firms And PE Funds Reportedly Eyes Vodafone India Stake In Indus Tower

Vodafone India Limited has been approached by infrastructure companies and private equity funds to buy Vodafone stake in Indus Towers Limited, according to a person with direct knowledge of the matter. "We have received interests from some infrastructure companies as well as private equity funds," the person cited above said, requesting anonymity.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 20, 2017
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