Vodafone Idea (IDEA) Investor Presentation summary

Company overview and market position

• Operates an extensive network with ~205 million subscribers and coverage of over 1.2 billion people across India.

• Holds ~8,030 MHz spectrum and ~439,600 broadband sites, with advanced 4G and 5G-ready infrastructure.

• Recognized for customer experience and digital initiatives, with awards in 2023.

• 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 ~23% equity stake.

Industry landscape and growth opportunities

• India is projected to become the third largest economy by 2028, with telecom sector growth driven by low ARPU and rising digital adoption.

• Wireless broadband subscribers have grown ~21x, with 4G/5G penetration at 63% and smartphone penetration at 64%.

• Digital India initiatives, UPI adoption, and e-commerce expansion are fueling data usage and digital payments.

• Market consolidation has led to three major private operators, with sector revenue CAGR of 10.2% from FY19–FY24.

• Tariff hikes and subscriber upgrades are expected to drive further ARPU and revenue growth.

Strategic priorities and investments

• Focused network investments in 17 priority circles, with a capex plan of Rs. 50-55k crore over three years for 4G/5G expansion.

• 90% of TDD radios are 5G-ready; pan-India 5G NSA core network deployed, with scalable, agile, and cost-efficient architecture.

• Market initiatives target ARPU growth by migrating 2G users to 4G, upselling, and leveraging digitalization for customer acquisition and retention.

• Digital tools and apps enhance customer service, distribution, and acquisition, with over 75% of service requests handled digitally.