Merger of idea and vodafone india

BBA GSB Student presentation on VODAFONE AND IDEA MERGER

1. Merger of Idea and Vodafone India

2. Overview Background-Vodafone Background-Idea What is Merger? Vodafone Idea M erger Current Share Structure Principle of Partnership Leadership Position around India

3. Background – Vodafone India (Voice Data Fone) Vodafone India was the second largest mobile network operator in India by subscriber base, after Airtel with a market share of 18.42%. It has approximately 200 million customers as of August 2016. CEO: Sunil Sood Headquarters: Mumbai Revenue: 425 billion INR Founded: 1994 Parent organization: Vodafone

4. Background– Idea cellular Idea Cellular is an Indian mobile network operator based in Mumbai, Maharashtra. Idea is a pan-India integrated GSM operator offering 2G,3G and 4G mobile services. Idea was India’s third largest mobile operator by subscriber base. CEO: Himanshu Kapania Headquarters: Santacruz, Mumbai Founded: 1995 Revenue: 354 billion INR Parent organizations: Aditya Birla Group

5. A merger is a corporate strategy of combining different companies into a single company in order to enhance the financial & operational strengths of the organization. Merger are commonly done to expand a companies reach, expand into new segments or gain market share. What is Merger ?

6. March 2017 July 2017 August 2017 October 2017 Vodafone- Idea Merger Announcement of Merger. Received approval from Competition Commission of India. Received no objection letters from BSE and NSE Filed applications in NCLT ( Ahmedabad and Mumbai benches) for approval of merger. Received shareholders & creditors approval through NCLT meetings.

7. November 2017 January 2018 July 2018 May 2018 The board approved the sale of equity shares of ICISL held by Idea (INR 4,000 Cr) and the board of Vodafone approved the sale of standalone towers (INR 3,850 Cr) to ATC. NCLT approved scheme for merger. Application made to DIPP for 100% FDI in Idea. No objection from RBI and DIPP to FDI increase in Idea Cellular. DoT has given the final nod to merger of Vodafone India with Idea Cellular, issuing a letter to this effect to both companies.

8. Current Share Structure Idea Public Vodafone 26.0% 28.9% 45.1% Vodafone Idea Ltd.

9. Principle of Partnership

10. Leadership position across India

11. Brand Recognition

12. Any Questions?

13. Thank You