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Vodafone India Full Year FY15 Results | ||
New Delhi, Delhi, India
- Amongst the largest global networks with 130,000+ sites
- Highest contributor to Group Service Revenue growth - Largest data traffic market by volume - 3rd largest contributor to Group Service Revenues
Key FY15 KPI’s SERVICE REVENUE AT INR 42,352 crores, UP BY 12.6 % DATA (BROWSING) REVENUE AT INR 5,690 crores, UP BY 65.5 % HEALTHY EBITDA MARGIN AT 29.6%
Vodafone India, one of the leading total telecommunications service providers in the country announced its Full Year results (IFRS) for the period ended March 31, 2015
Key Financial Highlights: Vodafone India Standalone figures
Strong Financial Performance
Good Momentum in Operations
Robust Performance in Data Driving Growth
Vodafone Business Services (VBS) –a Robust, fully structured, Total Telecommunications Service Provider
M-Pesa, a new currency for India - Driving Financial Inclusion
- Executed government mandates; first of its kind disbursement of government subsidy directly into mobile wallets of the beneficiaries (MNREGA –Jharkhand, NRHM –Odisha) - Tied up with leading Microfinance institutions (MFI) in India to provide services through M-Pesa wallet
Other Highlights
- Acquired 78.4 MHz spectrum in 12 telecom circles across 900, 1800 and 2100 MHz in March 2015 auction; committed investment of INR 25,800 crores and emerged in a stronger competitive position - Secured business continuity in 6 circles for next 20 years where licenses were due to expire in Nov 2015 - Expanded own 3G spectrum from 9 to 16 circles; representing 88% of Vodafone India’s service revenues
Awards and Recognitions
Sunil Sood, Managing Director and CEO, Vodafone India commented: “During the year, we made significant capex investments to expand our network and reach while recording double digit revenue growth of 12.6% and enhanced EBITDA margin to 29.6%. All our focus areas – Data, Vodafone Business Services and M-Pesa performed well and maintain a high growth trajectory. We continue to remain the brand of choice across customers segments – from first time data users in the hinterland to high end postpaid subscribers in urban areas. With in-depth knowledge of local markets, a holistic portfolio of products and services across the consumer and enterprise domains plus global experience and learning, Vodafone India is uniquely positioned to play a meaningful role in fulfilling the vision of Digital India.”
Notes to Editors:
About Vodafone India Vodafone India is a fully owned subsidiary of Vodafone Group Plc., which is one of the world’s largest telecommunications companies. Making its entry into India in 2007, Vodafone today has built an ever growing, robust business in highly price sensitive and competitive market. Serving around 184 million customers, Vodafone provides innovative, customer friendly and differentiated products and services through a wide scale distribution and exclusive retail footprint - backed up with a modern, technologically advanced network for both voice and data.
Vodafone Business Services, the enterprise arm of Vodafone, provides total telecommunications solutions across both mobility and wireline platforms and enables Global Enterprises, National Corporates, SME’s and Government segments to communicate, collaborate and connect.
Vodafone India provides customers with a new currency in the form of M-Pesa, the world renowned mobile wallet and money transfer service. Vodafone M-Pesa is an innovative, safe and secure mobile wallet that enables complete suite of services like money transfer, bill payments, and recharge on the move from the mobile. It caters to all segments of the society, from the unbanked to the under banked and to the net-savvy and evolved customers. Today, with a pan-India distribution of around 90,000 agents and more than 3 million customers, Vodafone M-Pesa is the largest banking correspondent in the country and is playing a vital role in enabling financial inclusion and m-commerce.
With the advantage of its global expertise and knowledge of local markets, Vodafone India is well poised to significantly expand the Government's capacity to deliver benefits and outcomes for citizens, governments and businesses. It endeavours to be a steadfast partner in the Government’s efforts towards Digital India
A value based organisation; Vodafone is committed to achieving the highest standards of Health, Safety and Well-being for its employees and business partners. Sustainability is an integral part of the company’s mission and strategy and ‘Vodafone Cares’ is the platform to showcase initiatives under the pillars of education, environment and empowerment. The Vodafone Foundation, in turn, is committed to leveraging India’s pressing challenges using mobile technology, thus playing an important role in India’s digitisation programme. Its activities focus on the 4M’s for empowering individuals – mHealth, mEducation, mAgriculture and mWomen.
Vodafone Group Plc. is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 55 more, and fixed broadband operations in 17 markets. As of 31st March 2015, Vodafone has around 446 million mobile customers and over 12 million fixed broadband customers. For more information, please visit: www.vodafone.com.
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For Further Information, please contact: Vodafone India
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