JOURNEY OF HUTCH TO VODAFONE

By :-By :-o RuhiRuhio AnkitaAnkitao MadhuriMadhurio MeghaMeghao DivyaDivya

•Vodafone is the world's leading mobile telecommunications company.

•Vodafone, previously known as Hutchsion Essar.

• Hutch Essar provides an excellent pl atform for future growth.

Hutch is Vodafone in India from September 21, 2007.

Controlling interest in a major, fast growing market.

Meets our twin financial investment criteria.

Vodafone and Hutch Essar will derive greater value together.

Strong management team with good cultural fit.

Hutch brand across 16 circles.Hutch brand across 16 circles.

Historically strong in Metros.Historically strong in Metros.

Mass market prepaid focus e.g. lowMass market prepaid focus e.g. low value INR10 “sachet” recharge.value INR10 “sachet” recharge.

Well established National Well established National CorporatesCorporatesbusiness.business.

Key growth opportunity Key growth opportunity consistent with strategyconsistent with strategy

Accelerates Vodafone’s move to a controlling Accelerates Vodafone’s move to a controlling position in a leading operator in the position in a leading operator in the attractive and fast growing Indian mobile attractive and fast growing Indian mobile market.market.

–– India is the world’s 2nd most populated India is the world’s 2nd most populated country and country and the fastest growing major mobile the fastest growing major mobile market.market.

Hutch Essar delivers a strong existing Hutch Essar delivers a strong existing platform in India.platform in India.

– – nationwide presence with recently acquired nationwide presence with recently acquired circles.circles.– – experienced and highly respected experienced and highly respected management team.management team.

o Driving additional value in Hutch Driving additional value in Hutch Essar.Essar.

––infrastructure sharing MOU with Bharti plans toinfrastructure sharing MOU with Bharti plans to reduce substantially network opex and capex.reduce substantially network opex and capex.

– – only operator in India integrated into a leadingonly operator in India integrated into a leading international mobile company.international mobile company.

o Increases Vodafone’s exposure to Increases Vodafone’s exposure to highhigh growth emerging markets.growth emerging markets.

Vodafone share in indian market

featuresfeatures

No subsidy (SIM only), low cost toconnect.

1,800 Hutch branded shops todaywith further investment planned.

1,000 exclusive dealers for contract,300,000 retail outlets for prepaid.

Comprehensive approach across call.

centres, retail, internet, and automated systems.

APPLE iphone 3GAPPLE iphone 3G Vodafone has Successfully launched Vodafone has Successfully launched

The Apple iphone 3G in India.The Apple iphone 3G in India.

Clear operational plan to deliver value.

Hutch Essar provides an excellent platform for future growth.

High quality experienced management team.Infrastructure sharing MOU plans to significantly reduce cost.

Driving value growth in India.

Sourceswww.vodafone.in.www.google.com.www.wekipedia.com.

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