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| Type | Public LSE: style="vertical-align: top; text-align: right;"> | Founded | ??foundation?? |
| Location | Newbury, United Kingdom | ||
| Key people | Ian MacLaurin, Lord MacLaurin of Knebworth, Chairman Paul Hazen, Deputy Chairman Arun Sarin, Chief Executive Sir Julian Horn-Smith, Chief Operating Officer Peter Bamford, Chief Marketing Officer Thomas Geitner, Chief Technology Officer Sir Chris Gent, former chairman | ||
| Industry | Mobile telecommunications | ||
| Products | Vodafone live!, Vodafone Mobile Connect, Vodafone WLAN, Vodafone live! with 3G, Vodafone Simply, Vodafone Passport etc | ||
| Revenue | ??revenue?? | ||
| Employees | ??num_employees?? | ||
| Website | [/ www.vodafone.com | ||
Vodafone (the name stands for VOice-DAta-FONE) is a multinational mobile phone operator with headquarters in Newbury, Berkshire, United Kingdom and Düsseldorf, Germany. It is the largest mobile telecommunications network company in the world by turnover, with equity interests in 27 countries and Partner Networks (networks in which it has no equity stake) in a further 14 countries.
At 30 June 2005 Vodafone had 165.0 million proportionate customers in 27 markets across 5 continents. ("Proportionate customers" means for example that if Vodafone has a 30% stake in a business with a million customers that is counted as 300,000). At 30 June 2005, there were 450.9 million total venture customers. On this measure it is the second largest mobile telecoms group in the world behind China Mobile. The six markets where it had more than ten million proportionate customers were: Germany; United States; Italy; United Kingdom; Japan; Spain. In the U.S these customers came via its minority stake in Verizon Wireless, and in the other five markets Vodafone had majority controlled subsidiaries.
Vodafone is listed on the London Stock Exchange as Vodafone Group (LSE: VOD.L ) and New York Stock Exchange, symbol VOD.
| Country | Network Name (former) | Ownership | Proportionate Number of Customers | Market Share | Official Website | Other Local Competitor/s | ||
|---|---|---|---|---|---|---|---|---|
| Albania | Vodafone | 99.9% | 670,000 | 48% | www.vodafone.al | AMC | ||
| Austria | A1 | 0% | -- | 39.4% | www.a1.net | T-Mobile, One, Telering, 3 | ||
| Belgium | Proximus | 25.0% | 1,077,000 | 48.7% | www.proximus.be | Base, Mobistar | ||
| Croatia | VIPnet | 0% | -- | www.vipnet.hr | T-Mobile | |||
| Cyprus | Cytamobile-Vodafone | 0% | -- | www.cytamobile-vodafone.com | Areeba | |||
| Czech Republic | Oskar Vodafone | 99.9% | 1,949,000 | 18% | www.vodafone.cz | Eurotel, T-Mobile | ||
| Denmark | TDC Mobil | 0% | -- | 41.4% | www.tdcmobil.dk | Sonofon, Telia, 3 | ||
| Estonia | Elisa Oyj (Radiolinja) | 0% | -- | www.elisa.ee | Tele2, EMT | |||
| Finland | Elisa Oyj (Radiolinja) | 0% | -- | 30% (2003) | www.elisa.fi | Sonera, Finnet | ||
| France | SFR | 43.9% | 7,101,000 | 36% | www.sfr.fr | Orange, Bouygues Télécom | ||
| Germany | Vodafone (D2) | 100% | 27,720,000 | 37% | www.vodafone.de | T-Mobile, E-Plus, O2 | ||
| Greece | Vodafone (Panafon) | 99.8% | 4,160,000 | 34.8% | www.vodafone.gr | Cosmote, TIM Hellas, Q Telecom | ||
| Hungary | Vodafone | 100% | 1,797,000 | 20.94% | www.vodafone.hu | T-Mobile, Pannon GSM | ||
| Iceland | Og Vodafone | 0% | -- | 32% (2003) | www.ogvodafone.is | Síminn, Viking Wireless | ||
| Ireland | Vodafone (Eircell) | 100% | 1,981,000 | 54% | www.vodafone.ie | O2, Meteor, 3 | ||
| Italy | Vodafone (Omnitel) | 76.9% | 17,499,000 | 35% | www.vodafone.it | TIM, Wind, 3 | ||
| Lithuania | Bité (mobile operator) | 0% | -- | www.bite.lt | Tele2, Omnitel | |||
| Luxembourg | LUXGSM | 0% | -- | 64% (2003) | www.ept.lu | Tango (Tele2), VOXmobile | ||
| Malta | Vodafone (Telecell) | 100% | 170,000 | 55% (2003) | www.vodafone.com.mt | Go Mobile | ||
| Netherlands | Vodafone (Libertel) | 99.9% | 3,860,000 | 23% | www.vodafone.nl | KPN, T-Mobile, Orange | ||
| Poland | Plus GSM | 19.6% | 1,545,000 | 33% | www.plusgsm.pl | Orange, Era | ||
| Portugal | Vodafone (Telecel) | 100% | 3,663,000 | 36% | www.vodafone.pt | TMN, Optimus | ||
| Romania | Connex-Vodafone | 99.1% | 5,203,000 | 47% | www.vodafone.ro | Orange, Cosmorom | ||
| Slovenia | Si.mobil-Vodafone | 0% | -- | 23.4% | www.simobil.si | Mobitel, Vega | ||
| Spain | Vodafone (Airtel) | 100% | 11,840,000 | 29% | www.vodafone.es | Movistar(Telefonica's mobile arm), Amena, | ||
| Sweden | Vodafone (Europolitan) | 100% | 1,524,000 | 16% (2003) | www.vodafone.se | Telia, Tele2, 3, Spring Mobil | ||
| Switzerland | Swisscom | 25.0% | 1,008,000 | 62% | www.swisscom-mobile.ch | Orange, TDC, Tele2 | ||
| United Kingdom | Vodafone | 100% | 15,489,000 | 24% | www.vodafone.co.uk | O2, Orange, T-Mobile, 3 | ||
| * Local company with more than 50% being owned by the parent company is considered a Subsidiary; Ownership of less than 50% makes the local company an Affiliate. Local companies without ownership at all are Partners. | ||||||||
| Country | Network Name (former) | Ownership | Proportionate Number of Customers | Market Share | Official Website | Other Local Competitor/s | ||
|---|---|---|---|---|---|---|---|---|
| Australia | Vodafone | 100% | 2,891,000 | 18% | www.vodafone.com.au | Telstra, Optus | ||
| China | China Mobile | 3.3% | 8,250,000 | 65% | www.chinamobile.com | China Unicom | ||
| Fiji | Vodafone | 49% | 80,000 | 100% | www.vodafone.com.fj | |||
| Japan | Vodafone (J-Phone) | 97.7% | 14,620,000 | 18% | www.vodafone.jp | DoCoMo, KDDI | ||
| Hong Kong | SmarTone-Vodafone | 0% | -- | www.smartone-vodafone.com.hk | Hutchison, People's, etc | |||
| India | AirTel | 10% | 1,400,000 | 22% | ||||
| New Zealand | Vodafone (BellSouth) | 100% | 1,929,000 | 54.8% | www.vodafone.co.nz | Telecom | ||
| Singapore | M1 | 0% | -- | 35% | www.m1.com.sg | SingTel, StarHub | ||
| * Local company with more than 50% being owned by the parent company is considered a Subsidiary; Ownership of less than 50% makes the local company an Affiliate. Local companies without ownership at all are Partners. | ||||||||
| Country | Network Name (former) | Ownership | Proportionate Number of Customers | Market Share | Status | Official Website | ||
|---|---|---|---|---|---|---|---|---|
| Bahrain | MTC-Vodafone | -- | -- | 22% | Partner | www.mtc-vodafone.com.bh | ||
| Demcratic Republic of Congo | Vodacom | 17.85%* | * | www.vodacom.cd | ||||
| Egypt | Vodafone (ClickGSM) | 67% | 5,695,000 | 47% | Subsidiary | www.vodafone.com.eg | ||
| Kenya | Safaricom | 35% | 976,000 | 65% | Affiliate | www.safaricom.co.ke | ||
| Kuwait | MTC-Vodafone | -- | -- | Partner | www.mtc-vodafone.com | |||
| Lesotho | Vodacom | 30.9%* | * | www.vodacom.co.ls | ||||
| Mozambique | Vodacom | 34.3%* | * | www.vm.co.mz | ||||
| South Africa | Vodacom | 35% | 5,661,000 | 60% | Subsidiary | www.vodacom.co.za | ||
| Tanzania | Vodacom | 22.75%* | * | www.vodacom.co.tz | ||||
| * Stakes in local Vodacom operating companies in Democratic Republic of Congo, Lesotho, Mozambique and Tanzania are held thorugh the stake in Vodacom South Africa. The former companies are therfore only subsidiaries of an affiliate (latter), but Vodafone Group does not have direct formal relationships with the comapanies in DRC, Lesotho, Mozambique and Tanzania. | ||||||||
Perhaps as a consequence of these reasons, Vodafone made a bid for the entirety of AT&T Wireless when that company was for sale in 2004. Had this bid been successful, Vodafone would presumably have sold its stake in Verizon wireless, and then rebranded the resultant business as Vodafone. As AT&T Wireless used the GSM standard, this would have resolved all the above problems. However, Cingular Wireless ultimately outbid Vodafone and took control of AT&T Wireless and Vodafone's relationship with Verizon has continued.
1 Vodafone Group Plc. Key Performance Indicator press release for the quarter to 30 June 2005, 25 July 2005.
Vodafone has some large minority stakes, in particular in Verizon Wireless in the United States and SFR in France, which are not included in its consolidated turnover. In order to provide additional information on the overall scale and growth trends of its business it publishes "proportionate turnover" figures and these are included in the tables below. For example, if a business in which it owns a 45% stake has turnover of £10 billion, that equals £4.5 billion of proportionate turnover for Vodafone. Proportionate turnover is not an official accounting measure and Vodafone's proportionate turnover should be compared with other companies' statutory turnover.
Vodafone also produces proportionate customer number figures on a similar basis, eg. if an operator in which it has a 30% stake has 10 million customers that equals 3 million proportionate Vodafone customers. This is a common practice in the mobile telecommunciations industry.
| Year ended 31 March | Turnover £m | Profit before tax £m | Profit for the year £m | Basic eps (pence) | Proportionate customers (m) | Proportionate turnover £m |
|---|---|---|---|---|---|---|
| 2005 | 34,073 | 7,951 | 6,518 | 9.68 | 154.8 | 43,602 |
| 2004 | 32,492 | 9,013 | 6,112 | 8.70 | 133.4 | 39,446 |
The following table shows Vodafone's results under UK generally accepted accounting principles (UK GAAP). By the end of its key acquistion drive, which ran from 1999 to 2002, Vodafone had more than £100 billion of Goodwill on its Balance sheet. As UK GAAP requires goodwill to be written off against the profit and loss account Vodafone has shown large statutory losses since then. However this write off of goodwill is purely an accounting adjustment and does not affect Vodafone's cash position or its ability to pay dividends. Despite the reported losses it is in reality a highly profitable company, and this is reflected in the fact that it is consistently one of the top twenty companies in the world by market capitalisation. Vodafone's accounts for the years shown in the table below include a great number of one off transactions, and apart from noting the rapid expansion of the group, no conclusions about underlying trends should be drawn from the figures without examining the accounts in more detail.
| Year ended 31 March | Turnover £m | Profit/(loss) before tax £m | Profit/(loss) for the year £m | Basic eps (pence) | Amortisation of Goodwill £m | Proportionate customers (m) | Proportionate turnover £m |
|---|---|---|---|---|---|---|---|
| 2005 | 34,133 | (4,702) | (7,540) | (11.39) | 14,700 | 154.8 | 43,602 |
| 2004 | 33,559 | (5,047) | (9,015) | (13.24) | 15,207 | 133.4 | 39,446 |
| 2003 | 30,375 | (6,208) | (9,819) | (14.41) | 14,056 | 119.7 | 33,926 |
| 2002 | 22,845 | (13,539) | (16,155) | (23.77) | 13,470 | 101.1 | 29,799 |
| 2001 | 15,004 | (8,095) | (9,763) | (16.09) | 9,585 | 83.0 | 22,230 |
| 2000 | 7,873 | 1,349 | 487 | 1.80 | 1,712 | 39.1 | 12,569 |
| 1999 | 3,360 | 935 | 637 | 4.12 | 8 | 25.4 | 9,185 |