Vodafone acquired Hutchison Essar in India in 2007, previously known as Hutch. This provided Vodafone with a controlling stake in the fast growing Indian mobile market. Hutchison Essar had a nationwide presence in India with a focus on prepaid customers. The acquisition allowed Vodafone to leverage Hutchison Essar's existing platform for future growth in India.
Vodafone acquired Hutchison Essar in India in 2007, previously known as Hutch. This provided Vodafone with a controlling stake in the fast growing Indian mobile market. Hutchison Essar had a nationwide presence in India with a focus on prepaid customers. The acquisition allowed Vodafone to leverage Hutchison Essar's existing platform for future growth in India.
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Vodafone acquired Hutchison Essar in India in 2007, previously known as Hutch. This provided Vodafone with a controlling stake in the fast growing Indian mobile market. Hutchison Essar had a nationwide presence in India with a focus on prepaid customers. The acquisition allowed Vodafone to leverage Hutchison Essar's existing platform for future growth in India.
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VODAFONE By :- o Ruhi o Ankita o Madhuri o Megha o Divya • Vodafone is the world's leading mobile telecommunications company.
• Vodafone, previously known as
Hutchsion Essar.
• Hutch Essar provides an excellent platf
orm 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.
Historically strong in Metros.
Mass market prepaid focus e.g. low
value INR10 “sachet” recharge.
Well established National Corporates
business. Key growth opportunity consistent with strategy Accelerates Vodafone’s move to a controlling position in a leading operator in the attractive and fast growing Indian mobile market.
– India is the world’s 2nd most populated country and
the fastest growing major mobile market.
Hutch Essar delivers a strong existing platform
in India.
– nationwide presence with recently acquired
circles. – experienced and highly respected management team. o Driving additional value in Hutch Essar.
–infrastructure sharing MOU with Bharti plans to
reduce substantially network opex and capex.
– only operator in India integrated into a leading
international mobile company.
o Increases Vodafone’s exposure to high
growth emerging markets. Vodafone share in indian market features No subsidy (SIM only), low cost to connect. 1,800 Hutch branded shops today with 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 3G Vodafone has Successfully launched The Apple iphone 3G in India. Hutch Essar provides an excellent platform for future growth.
Clear operational plan to deliver value.
High quality experienced management team.
Infrastructure sharing MOU plans to
significantly reduce cost.
Driving value growth in India.
Sources www.vodafone.in. www.google.com. www.wekipedia.com. THANK YOU