Vodafone Idea (IDEA) Investor Presentation summary

Company overview and market position

• Operates an extensive network with ~8,030 MHz spectrum, covering ~210 million subscribers and over 1.2 billion people across India.

• Holds the highest 4G spectrum per million subscribers among top operators, supporting migration to 5G.

• Trusted brand with over three decades of operations, strong enterprise relationships, and a unified Vodafone-Idea identity.

• Promoter group includes Aditya Birla Group and Vodafone Group, with Government of India holding a 23% equity stake.

Industry growth opportunities

• India is projected to become the third largest economy by 2028, with telecom ARPU among the lowest globally.

• Wireless broadband subscribers have grown ~21x since 2016, with 4G/5G penetration at 65% of the population.

• Digital India initiatives, rapid smartphone adoption, and increased data usage are driving sector growth.

• Market consolidation has led to three private and one government operator, creating a stable environment for revenue growth.

Strategic priorities and investments

• Focused network investments in 17 priority circles, accounting for ~98% of revenue, to expand 4G and roll out 5G.

• Capex plan of Rs. 50-55k crore over three years for 4G/5G expansion, capacity upgrades, and improved coverage.

• 5G-ready architecture with advanced radio, core, and transmission networks, and 60+ distributed cloud locations.