2007 Schools Wikipedia Selection. Related subjects: Companies

Vodafone Group plc
Type Public ( LSE: VOD,
Founded 1983 as Racal Telecom, independent 1991
Headquarters Flag of United Kingdom Newbury, England, UK
Key people Flag of United Kingdom Sir John Bond, Chairman

Flag of United States Paul Hazen, Deputy Chairman
Flag of India Arun Sarin, CEO

Industry Mobile telecommunications
Products Mobile networks, Telecom services, Etc.
Revenue £29.350 billion GBP (2006)
Net income £21.821 billion GBP (2006)
Website www.vodafone.com

Vodafone Group plc is a mobile network operator headquartered in Newbury, Berkshire, England. It is the largest mobile telecommunications network company in the world by turnover and has a market value of about £86 billion (November 2006). Vodafone currently has equity interests in 27 countries and Partner Networks (networks in which it has no equity stake) in a further 33 countries. Its portfolio of global services, supported by its global brand, is available in a total of 59 countries. The name Vodafone comes from Voice data fone, chosen by the company to "reflect the provision of voice and data services over mobile phones."

At 31 January 2007 Vodafone had 200 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). On this measure it is the second-largest mobile telecom group in the world behind China Mobile. The six markets where it has more than ten million proportionate customers are the United Kingdom, Germany, the United States, Italy, Spain and Turkey. In the U.S., these customers come via its minority stake in Verizon Wireless, and in the other five markets Vodafone has majority-controlled subsidiaries.

On 30 May 2006, the company announced a loss before tax of £14.9 billion ($27.9bn) for 2005, the biggest loss in British corporate history. The loss for the year from continuing operations was £17.2 billion and the bottom line loss for the financial year was £21.8 billion. The company was pushed into loss by impairment charges of £23.5 billion, which related to the acquisition of Mannesmann several years earlier, and losses of £4.6 billion in relation to its discontinued business in Japan. At an operating level it remained highly profitable, with an operating profit on continuing operations of £9.4 billion before impairment costs.

On 11 February 2007 Vodafone agreed to acquire a controlling interest of 67% in India's Hutch-Essar for US$11.1 billion, pipping Reliance Communications, Hinduja Group, and Essar Group, owner of the remainder. Hutch is India's fourth largest mobile provider. The company has offered to buy Essar's stake on the same terms.

Vodafone in Europe

Vodafone currently operates in the following countries in Europe. The proportionate customer numbers are for December 2005:

Country Network Name (former) Ownership Proportionate Customers Market Share; Rank Local Competitor(s)
Albania Vodafone 99.9% 919,000 48%; 2/2 AMC
Austria A1 0% -- 38.7%; 1/4 T-Mobile, One, 3
Belgium Proximus 0% -- 48.7%; 1/4 Base, Mobistar
Bulgaria Mobiltel 0% 4,000,000 52.5%; 1/4

GloBul, Vivatel

Croatia VIPnet 0% -- 42.9%; 2/3 T-Mobile, Tele2
Republic of Cyprus Cytamobile-Vodafone 0% -- 89.5%; 1/2 Areeba
Turkish Republic of Northern Cyprus KKTC Vodafone 100% no data available ?;2/2 KKTCell
Czech Republic Vodafone (Oskar) 100% 2,413,000 19.62%; 3/3 O2, T-Mobile.
Denmark TDC Mobil 0% -- 41.4%; 1/4 Sonofon, Telia, 3
Estonia Elisa Oyj (Radiolinja) 0% -- ?%; 1/3 Tele2, EMT
Finland Elisa Oyj (Radiolinja) 0% -- 30%; 1/3 Sonera, Finnet
France ( Metropolitan) SFR 43.9% 17,101,000 ( 30 June 2005) 36%; 2/3 Orange, Bouygues Télécom
Germany Vodafone (D2) 100% 30,622,000 35.64%; 2/4 T-Mobile, E-Plus, O2
Greece Vodafone (Panafon) 99.9% 4,955,000 35.6%; 2/4 Cosmote, TIM Hellas, Q-telecom
Hungary Vodafone 100% 2,134,000 21.41%; 3/3 T-Mobile, Pannon
Iceland Vodafone (Og Vodafone; Tal, Íslandssími) 0% -- 35%; 2/2 Síminn, Sko, HIVE
Ireland Eircell-Vodafone (Eircell) 100% 2,178,000 51%; 1/4 O2, Meteor, 3
Italy Vodafone (Omnitel) 76.86% 20,129,000 35%; 2/4 TIM, Wind, 3
Latvia Bitė Latvija 0% -- ?%; 3/3 LMT GSM, Tele2
Lithuania Bitė Lietuva 0% -- ?%; 2/3 Tele2, Omnitel
Luxembourg LUXGSM 0% -- 64%; 1/5 Tango, VOXmobile
Malta Vodafone (Telecell) 100% 188,000 54%; 1/2 Go Mobile
Netherlands Vodafone (Libertel) 99.9% 3,817,000 24.2%; 2/4 KPN, T-Mobile, Orange
Poland Plus GSM 19.6% 2,112,000 33%; 2/3 Orange, Play, Era
Portugal Vodafone (Telecel) 100% 4,618,000 37.2%; 2/3 TMN, Optimus
Romania Vodafone (Connex) 100% 7,717,000 45.4%; 2/5 Orange, Cosmote, Zapp Mobile
Slovenia Si.mobil-Vodafone 0% -- 24.9%; 2/3 Mobitel
Spain Vodafone (Airtel) 100% 14,464,000 33.1%; 2/4 movistar, Orange, Yoigo
Sweden Telenor (Vodafone; Europolitan) 0% -- 16%; 3/4 Telia, Tele2, 3,
Switzerland Swisscom 0% -- 62%; 1/3 Orange SA, TDC, Tele2
Turkey Vodafone(Telsim) 100% 12,748,000 24%; 2/3 Turkcell, Avea
United Kingdom Vodafone 100% 16,939,000 24%; 2/5 O2, T-Mobile, 3, Orange UK
* 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.

see About Vodafone: Global Footprint, 30 June 2006


In 1982 Racal Electronics plc's subsidiary Racal Strategic Radio Ltd. won one of two UK cellular telephone network licences. The network, known as Racal Vodafone was 80% owned by Racal, with Millicom and the Hambros Technology Trust owning 15% and 5% respectively. Vodafone was launched on 1 January 1985. Racal Strategic Radio was renamed Racal Telecommunications Group Limited in 1985. On 29 December 1986 Racal Electronics bought out the minority shareholders of Vodafone for GB£110 million.

In September 1988 the company was again renamed Racal Telecom and on 26 October 1988 Racal Electronics floated 20% of the company. The floation valued Racal Telecom at GB£1.7 billion. On 16 September 1991 Racal Telecom was demerged from Racal Electronics as Vodafone Group.

In July 1996 Vodafone acquired the two thirds of Talkland it did not already own for £30.6 million. On 19 November 1996, in a defensive move, Vodafone purchased Peoples Phone for £77 million, a 181 store chain whose customers were overwhelmingly using Vodafone's network. In a similar move the company acquired the 80% of Astec Communications that it did not own, a service provider with 21 stores.

In 1997 Vodafone introduced its Speechmark logo, as it is a quotation mark in a circle; the O's in the Vodafone logotype are opening and closing quotation marks, suggesting conversation.

On 29 June 1999 Vodafone completed its purchase of AirTouch Communications, Inc. and changed its name to Vodafone Airtouch plc. Trading of the new company commenced on 30 June 1999. To approve the merger, Vodafone sold its 17.2% stake in E-Plus Mobilefunk. The acquisition gave Vodafone a 35% share of Mannesmann, owner of the largest German mobile network.

On 21 September 1999 Vodafone agreeded to merge its U.S. wireless assets with those of Bell Atlantic Corp to form Verizon Wireless. The merger was completed on 4 April 2000.

In November 1999 Vodafone made an unsolicited bid for Mannesmann, which was rejected. Vodafone's interest in Mannesmann had been increased by the latter's purchase of Orange, the UK mobile operator. Chris Gent would later say Mannesmann move into the UK broke a "gentleman's agreement" not to compete in each other's home territory. The hostile takeover provoked strong protest in Germany and a "titanic struggle" which saw Mannesmann resist Vodafone's efforts. However on 3 February 2000 the Mannesmann board agreed to an increased offer of £112bn, then the largest corporate merger ever. The EU approved the merger in April 2000. The conglomerate was subsequently broken up and all manufacturing related operations sold off.

  • 28 July 2000: Reverts to its former name, Vodafone Group Plc
  • 16 April 2001: First 3G voice call on Vodafone United Kingdom's 3G network.
Vodafone in Iaşi, Romania.
Vodafone in Iaşi, Romania.
A map showing Vodafone's operations in Europe.
A map showing Vodafone's operations in Europe.
  • 2001: Takes over Eircell, then part of eircom in Ireland, and rebrands it Vodafone Ireland.
  • 2001-2002: Acquires Japan's third-largest mobile operator J-Phone, which had introduced camera phones first in Japan.
  • 17 December 2001: Introduces the concept of "Partner Networks" by signing TDC Mobil of Denmark. The new concept involves the introduction of Vodafone international services to the local market, without the need of investment by Vodafone. The concept would be used to extend the Vodafone brand and services into markets where it does not have stakes in local operators. Vodafone services would be marketed under the dual-brand scheme, where the Vodafone brand is added at the end of the local brand. (i.e., TDC Mobil-Vodafone etc.)
  • 2 February 2002: Finland is added into the mobile community, as Radiolinja is signed as a Partner Network. Radiolinja later changed its named to Elisa.
  • 2002: Rebrands Japan's J-sky mobile internet service as Vodafone live!™
  • 3 December 2002: Brand is introduced in the Estonian market with signing of a Partner Network Agreement with Radiolinja (Eesti). Radiolinja (Eesti) later changed its name to Elisa.
  • 7 January 2003: Signs a group-wide Partner agreement with mobilkom Austria. As a result, Austria, Croatia, and Slovenia is added to the community.
  • 16 April 2003: Og Vodafone is introduced in the Icelandic market.
  • 13 May 2003: Omnitel is rebranded Vodafone Italy.
  • 21 July 2003: Lithuania is added to the community, with the signing of a Partner Network agreement with Bité.
  • 16 February 2004: Signs a Partner Network Agreement with Luxembourg's LuxGSM.
  • 20 February 2004: Signs a Partner Network Agreement with Cyta of Cyprus. Cyta agreed to rename its mobile phone operations to Cytamobile-Vodafone.
  • April 2004: Purchases Singlepoint airtime provider from John Caudwell (Caudwell Group) and approx 1.5million customers onto its base for est £405million, adding sites in Stoke on Trent (England) to existing sites in Newbury (HQ), Birmingham, Warrington and Banbury
  • November 2004: Introduces 3G services into Europe.
  • June 2005: Increases its participation in Romania's Connex to 99%; also buys Czech mobile operator Oskar.
  • 1 July 2005: Oskar of Czech Republic is rebranded as Oskar-Vodafone.
  • 17 October 2005: Vodafone Portugal launches a revised logo, using new text designed by Dalton Maag, and a 3D version of the Speechmark logo, but still retaining a red background and white writing (or vice versa). Also, various operating companies start to drop the use of the SIM card pattern in the company logo. (The rebranding of Oskar-Vodafone and Connex-Vodafone also does not use the SIM card pattern.) A custom typeface by Dalton Maag (based on their font family InterFace) forms part of the new identity.
  • 28 October 2005: Connex in Romania is rebranded as Connex-Vodafone.
  • 31 October 2005: Reaches an agreement to sell Vodafone Sweden to Telenor for approximately 1 billion. After the sale, Vodafone Sweden becomes a Partner Network.
  • 13 December 2005: Wins an auction to buy Turkey's second-largest mobile phone company, Telsim, for $4.5 billion.
  • December 2005: Vodafone Spain becomes the second member of the group to adopt the revised logo, and it is phased in over the following six months in other countries.
  • 5 January 2006: Announces the completion of the sale of Vodafone Sweden to Telenor.
  • 1 February 2006: Oskar Vodafone becomes Vodafone Czech Republic, adopting the revised logo.
  • 22 February 2006: Announces that it is extending its footprint to Bulgaria with the signing of Partner Network Agreement with Mobiltel, which is part of mobilkom Austria group.
  • 12 March 2006: Former chief, Sir Christopher Gent, who was appointed the honorary post Chairman for Life in 2003, quits following rumours of boardroom rifts.
  • 11 April 2006: Announces that it has signed an extension to its Partner Network Agreement with BITE Group, enabling its Latvian subsidiary "BITE Latvija" to become the latest member of Vodafone's global partner community.
  • 20 April 2006: Vodafone Sweden changes its name to Telenor Sverige AB.
  • 26 April 2006: Connex-Vodafone becomes Vodafone Romania, also adopting the new logo.
  • 30 May 2006: Announces the biggest loss in British corporate history (£14.9 billion) and plans to cut 400 jobs; reports one-off costs of £23.5 billion due to the revaluation of their Mannesmann subsidiary.
  • 25 August 2006: Announces the sale of 25% stake in Belgium's Proximus for Euro 2 billion. After the deal, Proximus will still be part of the community as a Partner Network.
  • 5 October 2006: Vodafone announces first single brand partnership with Og Vodafone which will now operate under the name Vodafone Iceland
  • 19 December 2006: Announces the sale of 25% stake in Switzerland's Swisscom for CHF4.25 billion (£1.8 billion). After the deal, Swisscom will still be part of the community as a Partner Network.
  • 1 January 2007: Telsim in Turkey adopts Vodafone dual branding as Telsim Vodafone.
  • 1 April 2007: Telsim Vodafone Turkey drops its original brand and becomes Vodafone Turkey

Vodafone in Asia-Pacific

Vodafone currently operates in the following countries in the Asia-Pacific region. The proportionate customer numbers are at 30 June 2006:

Country Network Name (former) Ownership Proportionate Customers Market Share; Rank Local Competitor/s
Australia Vodafone 100% 3,278,000 8%; 3/4 Telstra, Optus, 3, Virgin Mobile
China (Mainland) China Mobile 3.3% 8,250,000 ( 30 June 2005) 65%; 1/2 China Unicom
China (Hong Kong) SmarTone-Vodafone (SmarTone) 0% -- ?%; 2/5 3, Peoples, CSL, New World, PCCW
Fiji Vodafone 49% 95,000 100%; 1/1
Indonesia XL 0% -- ?%; 3/ Telkomsel, Indosat IM3
India AirTel 4.4% ?%; 1/ Bharat Sanchar Nigam Limited, Reliance Communications, Idea, Spice, Aircel
India Hutch 67% 15,611,000 10.99%; 4/
Malaysia Celcom 0% -- 31.2%; 2/3 Maxis Communications, Digi.com
New Zealand Vodafone (BellSouth) 100% 2,200,000 52.4%; 1/2 Telecom
Samoa Digicel 0% --
Singapore M1 0% -- 28.5%; 3/3 SingTel, StarHub
Sri Lanka Dialog 0% -- ?%; 1/4
note:50% ownership of local company is considered a Subsidiary; Less than 50% makes the local company an Affiliate. Local companies without ownership are Partners.

** data based on the assumption of the expected completion of the complex transaction in second quarter 2007


  • July 1993: BellSouth New Zealand's network went live.
  • October 1993: Vodafone Australia's network went live.
  • July 1994: Vodafone Fiji's network went live.
  • November 1998: Purchases BellSouth New Zealand, it later becomes Vodafone New Zealand.
  • 1999-2000: J-Phone launched the J-sky mobile internet service in response to DoCoMo's i-Mode service.
  • December 2002: J-Phone's 3G network went live.
  • 3 November 2003: Singapore becomes a part of the community as M1 is signed as partner network
  • October 1, 2003: J-Phone becomes ' Vodafone'; J-Phone's mobile internet service J-Sky becomes Vodafone Live!
  • April 2005: SmarTone changed the name of its brand to ' SmarTone-Vodafone' after both companies signed a Partner Network Agreement.
  • August 2005: Launches 3G technology in New Zealand.
  • October 2005: Begins launching 3G technology in Australia
  • 28 October 2005: Announces the acquisition of a 10 per cent stake in India's Bharti Televentures, which operates the largest mobile phone network in India under the brand name AirTel.
  • 22 December 2005: Announces the completion of the acquisition of the 10% stake in Bharti Televentures of India.
  • 25 January 2006: Indonesia, Malaysia, and Sri Lanka are added to the Vodafone footprint as Vodafone Group signs a partner network agreement with Telekom Malaysia.
  • 17 March 2006: Announces an agreement to sell all its interest in Vodafone Japan to SoftBank for £8.9 billion of which £6.8 billion will be received in cash on closing of deal. Vodafone Japan later changed its name to SoftBank Mobile
  • 9 October 2006:: Vodafone New Zealand buys New Zealand's 3rd largest I.S.P., iHug
  • 1 November 2006: Vodafone Australia signs the Australian Football League (AFL)'s biggest individual club sponsorship deal with the Brisbane Lions from seasons 2007- 2009
  • 6 February 2007: Along with the partnership with Digicel Caribbean (see below), Samoa is added as a Partner Market.
  • 11 February 2007: Acquires a controlling interest of 67% in Hutchison Essar Limited for US$11.1 billion. At the same time, it sells back 5.6% of AirTel stake back to the Mittals. Vodafone will retain a 4.4% stake in AirTel.

Vodafone in the Middle East and Africa

Vodafone currently operates in the following countries in the Middle East and Africa region. The proporationate customer numbers are as at 31 December 2005.

Country Network Name (former) Ownership Proportionate Customers Market Share Status
Bahrain MTC-Vodafone -- -- 33%; 2/2 Partner
Democratic Republic of Congo Vodacom 25.5%* 49%; 1/? *
Egypt Vodafone 55% 9,800,000 47%; 2/3 Subsidiary
Kenya Safaricom 35% 1,221,000 63.86%; 1/2 Affiliate
Kuwait MTC-Vodafone -- -- 59.45%; 1/2 Partner
Lesotho Vodacom 44.15%* 80%; 1/2 *
Mozambique Vodacom 49%* 33%; 2/2 *
South Africa Vodacom 50% 7,043,000 59%; 1/3 Subsidiary
Tanzania Vodacom 32.5%* 55%; 1/? *
*Held through the affiliate, Vodacom South Africa; therefore Vodafone Group does not have direct formal relationships with them.


  • October 1998: Vodafone Egypt network went live under the name ClickGSM.
  • 18 September 2002: Vodafone signs a Partner Network Agreement with MTC group of Kuwait. The agreement involved the rebranding of MTC to MTC-Vodafone.
  • 29 December 2003: Vodafone signs another Partner Network Agreement with Kuwait's MTC group. The second agreement involves the co-operation in Bahrain and the branding of the network as MTC-Vodafone.
  • 3 November 2004: Announces that its South African affiliate Vodacom has agreed to introduce Vodafone's international services, such as Vodafone live! and partner agreements, to its local market.
  • 3 November 2005: Announces that it is in exclusive talks to buy the 15% stake of VenFin in Vodacom Group, reaching agreement the following day. Vodafone and Telkom will then have a 50% stake each in Vodacom.
  • 08 November 2006: Announces a deal with Telecom Egypt resulting in further co-operation in the Egyptian market; and increasing of stake in Vodafone Egypt. After the deal, Vodafone Egypt will be 55% owned by the group, while the remaining 45% will be owned by Telecom Egypt.

Vodafone in the Americas

Vodafone currently operates in the following countries in the Americas region.

Country region/territory Network Name (former) Ownership Proportionate Customers Market Share Official Website Local Competitor/s
Antigua and Barbuda Digicel 0% -- www.digicelantiguaandbarbuda.com
Argentina CTI Móvil 0% -- 32%; 2/3 www.cti.com.ar Personal, movistar
Barbados Digicel 0% -- www.digicelbarbados.com
Bermuda Digicel 0% -- www.digicelbermuda.com
Brazil Claro 0% -- 24.0%; 3/? www.claro.com.br Vivo, TIM, Oi
Chile Claro (Smartcom) 0% 0 16.7%; 3/3 www.clarochile.cl movistar, Entel PCS
Colombia Comcel 0% -- 64.26%; 1/3 www.comcel.com movistar, Colombia Móvil
Dominica Digicel 0% -- www.digiceldominica.com
Ecuador Porta 0% -- 65.4%; 1/? www.porta.net movistar, Alegro PCS
El Salvador Claro (CTE Personal) 0% -- 34%; ?/? www.claro.com.sv movistar, Tigo, Digicel
France French Guiana Digicel 0% -- www.digicel.fr Orange SA
Grenada Digicel 0% -- www.digicelgrenada.com
Guatemala Claro (PCS Digital) 0% -- 47%; 1/? www.claro.com.gt movistar, Tigo
Guyana Digicel 0% -- www.digicelguyana.com
Haiti Digicel 0% -- www.digicelhaiti.com
Honduras Claro (PCS Honduras) 0% -- 37%; ?/? www.claro.com.hn
Jamaica Digicel 0% -- www.digiceljamaica.com
Mexico Telcel 0% -- 77.14%; 1/4 www.telcel.com movistar, Iusacell, Unefon
Netherlands Aruba Digicel 0% -- ?; ?/? www.digicelaruba.com
Bonaire Digicel 0% -- ?%; ?/? www.digicelbonaire.com
Curaçao Digicel 0% -- ?%; ?/? www.digicelcuracao.com
Nicaragua Claro (Enitel) 0% -- 68%; 1/? www.claro.com.ni
Paraguay CTI Móvil (Porthable) 0% -- 12%; 4/4 www.cti.com.py] Personal, Tigo, VOX
Peru Claro ( TIM) 0% -- 36%; 2/3 www.claro.com.pe movistar
St Kitts and Nevis Digicel 0% -- www.digicelstkittsandnevis.com
St Lucia Digicel 0% -- www.digicelstlucia.com
St Vincent and the Grenadines Digicel 0% -- www.digicelsvg.com
Trinidad and Tobago Digicel 0% -- www.digiceltt.com
United Kingdom Anguilla Digicel 0% -- ?; ?/? www.digicelanguilla.com
Cayman Islands Digicel 0% -- ?%; ?/? www.digicelcayman.com
Turks and Caicos Digicel 0% -- ?%; ?/? www.digiceltci.com
United States Verizon Wireless 45% 22,785,000 ?%; 2/4 www.verizonwireless.com Cingular, Sprint, T-Mobile
Uruguay CTI Móvil 0% -- 17%; ?/? www.cti.com.uy movistar, ancel
* 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.

United States

In the United States, Vodafone owns 45% of Verizon Wireless, the country's second largest mobile carrier. The percentage of the customer base and revenues of Verizon Wireless that Vodafone consolidates is slightly lower, since some Verizon Wireless subsidiaries have minority investors. (Hence the exact percentages that Vodafone and Verizon report vary from period to period: in June 2006 Vodafone reported that Verizon Wireless owned 98.6% of its customers at that date.) Before this joint venture was formed, Vodafone merged with AirTouch Communications of the U.S. in June 1999 and changed its name to Vodafone Airtouch Plc. In September 1999, Vodafone Airtouch announced a $70-billion joint venture with Bell Atlantic Corp. The first wireless business with a national footprint in the U.S., Verizon Wireless was composed of Bell Atlantic's and Vodafone AirTouch's U.S. wireless assets and began operations on April 4, 2000. However, Verizon Communications—the company formed when Bell Atlantic and GTE merged on June 30, 2000—owns a majority of Verizon Wireless and Vodafone's branding is not used, nor is the CDMA network compatible with GSM phones. This relationship has been quite profitable for Vodafone, but there have historically been three problems with it. The first is the above-mentioned incompatibility with the GSM 900/1800 MHZ standard used by Vodafone's other networks, and the consequent difficulty of offering roaming between Vodafone's U.S. and other networks. The other two stem from the fact that Vodafone does not have management control over Verizon Wireless. Vodafone is thus unable to use the Vodafone brand for its U.S. operations, and (perhaps more importantly) has no control of dividend policy at Verizon Wireless and is therefore entirely at the mercy of Verizon management with respect to cash flow from Verizon Wireless.

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. However, Cingular Wireless (a joint venture of SBC Communications and BellSouth (both now AT&T)) ultimately outbid Vodafone and took control of AT&T Wireless, and Vodafone's relationship with Verizon has continued.

Early in 2006 Verizon re-iterated their desire to buy-out the remaining 45% of Stock of Verizon Wireless from Vodafone Group.. Vodafone has also repeatedly indicated that it would be willing to buy out Verizon's stake.

Latin America

On 15 November 2005, Vodafone Group announced a group-wide co-operation agreement with America Movil of Mexico. The agreement involves co-operation on international services and roaming. The services include Voice and GPRS Roaming services, Preferred Roaming and Virtual Home Environment. Included in the agreement are the 13 networks owned and controlled by America Movil (except Tracfone in the United States), and the various operating companies of Vodafone and its Partner Networks.


On 6 February 2007, Vodafone Group signed a three-year partnership agreement with Digicel Group. The agreement, which includes Digicel's sister operation in Samoa, will result to the offering of new roaming capabilities. The two groups will also become preferred roaming partners of each other. Along with Digicel's markets, the Vodafone brand is now present in 81 countries, regions, and territories.

Financial results

For more details, please visit

From its 31 March 2006 year end onwards Vodafone will report its results in accordance with International Financial Reporting Standards (IFRS). It has issued results amended to IFRS standards for its 31 March 2004 and 31 March 2005 year ends for information purposes, and these are shown in the first table below.

Vodafone has some large minority stakes, 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 telecommunications 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
2006* 29,350 (14,835) (21,821) (35.01) 170.6 48,455
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

*Losses for year to 31 March 2006 reflect write downs of assets, principally in relation to the Mannesmann acquisition. Proportionate turnover includes £7,100 million from discontinued operations.

The following table shows Vodafone's results under UK generally accepted accounting principles (UK GAAP). By the end of its key acquisition 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 has often been ranked among 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 material one off transactions, and apart from noting the rapid expansion of the group in the years covered, 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

1 Vodafone Group Plc. Key Performance Indicator press release for the quarter to 30 June 2005, 25 July 2005.

Corporate sponsorship

  • Clare Gaelic Athletic Association, Ireland (formerly sponsored by Eircell)
  • Daily Express Life Savers Awards
  • David Beckham A two-year deal that was signed in 2002, later extended by another 12 months then ended in July 2005
  • DTM (the German touring car series)
  • England cricket team
  • Vodafone Oaks and Vodafone Derby horse races at Epsom.
  • AFC Newbury (The football club from Newbury, where Vodafone was founded.)
  • McLaren Formula One constructor (from 2007), primary sponsor
  • UEFA Champions League from the 2006/7 season
  • Brisbane Lions Football Club, Australian rules football team, major sponsor from 2007
  • Port Adelaide Football Club Australian rules football team, joint major sponsor since 1997
  • St Kilda Football Club Australian rules football team, joint major sponsor from 2007
  • Vodafone Arena Rosenholm multisport arena in Karlskrona, Sweden (since 2005)
  • Vodafone Arena Multi purpose venue. Arena in Melbourne Park, Melbourne, Australia
  • West Coast Eagles, Australian rules football team, elite sponsor since March 2006
  • Triple 8 Race Engineering, V8 Supercars team, primary sponsor (since 2007)
  • British University Sports Association (BUSA),
  • Olympiakos, Greek football team
  • Newbury Comedy Festival since 2004
  • Al Ahly Football team from Egypt, Champion of Africa and Bronze Medalist at the Fifa CWC
  • Home-Start International Worldwide family support charity, working with volunteers to help children

Previous relationships include sponsorships of SL Benfica, Manchester United, Ferrari Formula One constructor and New Zealand Warriors Rugby League team.


USB 3G modems

Vodafone 3G USB modem
Vodafone 3G USB modem

The company Huawei makes USB 3G datacard modems for Vodafone (Vodafone Mobile Connect USB Modem).

Using this USB card, customers are able to access 3G broadband services, from many types of computer. The software installs itself from the modem, reducing the need for technical expertise from users.

Using HSDPA technology, it offers download speeds of up to 3.6 Mbps and upload speeds of upto 384 Kbps, which depends on Vodafone's network on each of the countries offering 3G services. When outside of 3G broadband coverage, customers will automatically be able to access the web using Vodafone´s existing GPRS services.

For further information, please visit http://www.vodafone.co.uk/usbmodem

Fixed Line Services

In Spetember 2006, Vodafone announced that its move to enter the fixed-line broadband space in the UK. It has entered into an agreement with BT to resell BT's DSL Broadband connections under its own brand name.

Vodafone is present in the fixed-line space in Germany through Arcor, a telecom operator in which Vodafone holds a majority stake.


  • Vodafone are to thank for the current size and shape of SIM card in Europe. The small rectangle with one corner slit was their invention which they allowed other network providers to use in the interest of the customer, so that all SIMs fit all mobile phones. This is the reason why Vodafone is the only company able to use the shape within their marketing strategies and brand logos and imagery.
  • Vodafone does not yet have any network coverage in Madhya Pradesh, India, the state in which its global CEO Arun Sarin was born.

Audio Branding

March 2007 - Vodafone commissions Walter Werzowa, founder and owner of the audio branding company, Musikvergnuegen, to create the Vodafone Small Business Tariffs' Mnemonic.

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