Vodafone
Overview
 
Vodafone Group Plc is a global telecommunications company headquartered in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

. It is the world's largest mobile telecommunications company measured by revenues and the world's second-largest measured by subscribers (behind China Mobile
China Mobile
China Mobile Limited is a Chinese state-owned telecommunication company that provides mobile voice and multimedia services through its nationwide mobile telecommunications network, the largest of its kind in the world...

), with around 341 million proportionate subscribers as of November 2010. It operates networks in over 30 countries and has partner networks in over 40 additional countries.
Encyclopedia
Vodafone Group Plc is a global telecommunications company headquartered in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

. It is the world's largest mobile telecommunications company measured by revenues and the world's second-largest measured by subscribers (behind China Mobile
China Mobile
China Mobile Limited is a Chinese state-owned telecommunication company that provides mobile voice and multimedia services through its nationwide mobile telecommunications network, the largest of its kind in the world...

), with around 341 million proportionate subscribers as of November 2010. It operates networks in over 30 countries and has partner networks in over 40 additional countries. It owns 45% of Verizon Wireless
Verizon Wireless
Cellco Partnership, doing business as Verizon Wireless, is one of the largest mobile network operators in the United States. The network has 107.7 million subscribers as of 2011, making it the largest wireless service provider in America....

, the largest mobile telecommunications company in the United States measured by subscribers.

The name Vodafone comes from voice data fone, chosen by the company to "reflect the provision of voice and data services over mobile phones".

Vodafone has its primary listing on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 and is a constituent of the FTSE 100 Index
FTSE 100 Index
The FTSE 100 Index, also called FTSE 100, FTSE, or, informally, the footsie , is a share index of the 100 most highly capitalised UK companies listed on the London Stock Exchange....

. It had a market capitalisation of approximately £93 billion as of 9 March 2011, making it the third-largest company on the London Stock Exchange. It has a secondary listing on NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

.

20th century

In 1980, Sir Ernest Harrison OBE
Ernest Harrison
Sir Ernest Thomas Harrison OBE , was an English businessman, best known as Chief Executive of Racal, and chairman of both Racal and the first chairman of its spun-out mobile division, Vodafone.-Early life:...

, chairman of Racal Electronics plc's
Racal
Racal Electronics plc was once the third-largest British electronics firm. Listed on the London Stock Exchange and once a constituent of the FTSE 100 Index, Racal was a diversified company, offering products including: as voice and data recorders; point of sale terminals; laboratory instruments;...

, the UK's largest maker of military radio technology, agreed a deal with Lord Weinstock of General Electric Company plc to allow Racal to access some of GEC's tactical battlefield radio technology. Briefing the head of Racal's military radio division Gerry Whent
Gerry Whent
Sir Gerry Arthur Whent CBE was the founder and first chief executive of Vodafone.-Early life:...

 to drive the company into commercial mobile radio, Whent visited GE's factory in Virginia
Virginia
The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...

, USA in 1980.

In 1982, Racal's newly formed Racal Strategic Radio Ltd subsidiary won one of two UK cellular telephone network licences, with the other going to British Telecom  The network, known as Racal Vodafone, was 80% owned by Racal, with Millicom
Millicom
Millicom International Cellular, also known as Tigo, is a mobile phone network provider in America and Africa. Based in Luxembourg, the company provides mobile services in 14 countries. With operations across Central America, South America, South-east Asia, and Africa, using GSM, CDMA and TDMA on...

 holding 15% and Hambros Technology Trust
Hambros Bank
Hambros Bank was a British bank based in London. The Hambros bank was a specialist in Anglo-Scandinavian business with expertise in trade finance and investment banking, and was the sole banker to the Scandinavian kingdoms for many years...

 5%. 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.

Under stock market pressure to realise full value for shareholders (the mobile unit was being valued at the same amount as the whole Racal group), in September 1988, the company was again renamed Racal Telecom, and on 26 October 1988, Racal Electronics floated 20% of the company. The flotation 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, composed of a quotation mark
Quotation mark
Quotation marks or inverted commas are punctuation marks at the beginning and end of a quotation, direct speech, literal title or name. Quotation marks can also be used to indicate a different meaning of a word or phrase than the one typically associated with it and are often used to express irony...

 in a circle, with the O's in the Vodafone logotype representing opening and closing quotation marks and suggesting conversation.

On 29 June 1999, Vodafone completed its purchase of AirTouch Communications, Inc. and changed its name to Vodafone Airtouch plc. The merged company commenced trading on 30 June 1999. In order to gain anti-trust approval for the merger, Vodafone sold its 17.2% stake in E-Plus Mobilfunk
E-Plus
E-Plus is a mobile telecommunications operator in Germany. With 19.0 million subscribers, E-Plus is the third largest mobile operator in Germany, after T-Mobile and Vodafone ....

. The acquisition gave Vodafone a 35% share of Mannesmann
Mannesmann
Mannesmann AG was a German corporation with headquarters in Düsseldorf. The company was founded in 1890 originally to produce seamless steel tubes. It was traded on the Frankfurt Stock Exchange. The company had 130,860 employees worldwide and revenues of €23.27 billion.Over time, Mannesmann...

, owner of the largest German mobile network.

On 21 September 1999, Vodafone agreed to merge its U.S. wireless assets with those of Bell Atlantic Corp
Verizon Communications
Verizon Communications Inc. is a global broadband and telecommunications company and a component of the Dow Jones Industrial Average...

 to form Verizon Wireless
Verizon Wireless
Cellco Partnership, doing business as Verizon Wireless, is one of the largest mobile network operators in the United States. The network has 107.7 million subscribers as of 2011, making it the largest wireless service provider in America....

. 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 purchase of Orange
Orange United Kingdom
Orange is a mobile network operator and internet service provider in the United Kingdom, which launched in 1994. It was once a constituent of the FTSE 100 Index but was purchased by France Télécom in 2000, which then adopted the Orange brand for all its other mobile communications activities...

, the UK mobile operator. Chris Gent would later say Mannesmann's 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.

21st century

On 28 July 2000, the Company reverted to its former name, Vodafone Group plc. In April 2001, the first 3G
3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...

 voice call was made on Vodafone United Kingdom's 3G network.

In 2001, the Company acquired Eircell, the largest wireless communications company in the Republic of Ireland, from eircom
Eircom
Eircom Group LTD is a telecommunications company in the Republic of Ireland, and a former state-owned incumbent. It is currently the largest telecommunications operator in the Republic of Ireland and operates primarily on the island of Ireland, with a point of presence in Great Britain.As Bord...

. Eircell was subsequently rebranded as Vodafone Ireland
Vodafone Ireland
Vodafone Ireland Limited, part of the Vodafone Group, is the largest mobile phone company in Ireland in terms of active subscribers, and was previously called Eircell. The mobile phone system in use is a digital GSM 900 system, and also a third-generation UMTS system...

. Vodafone then went on to acquire Japan's third-largest mobile operator J-Phone, which had introduced camera phones first in Japan.

On 17 December 2001, Vodafone introduced the concept of "Partner Networks", by signing TDC
TDC A/S
TDC A/S is the former telecom monopoly in Denmark. It is now privatized. Thus, it is the biggest company in all aspects of telecommunications in Denmark with landline, mobile, Internet, VHF maritime borderline-radio etc.By the end of 2004, the TDC Group had more than 13.4 mil. customers in Europe:...

 Mobil of Denmark. The new concept involved 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.)

In 2007, Vodafone entered into a title sponsorship deal with the McLaren
McLaren
McLaren Racing Limited, trading as Vodafone McLaren Mercedes, is a British Formula One team based in Woking, Surrey, United Kingdom. McLaren is best known as a Formula One constructor but has also competed and won in the Indianapolis 500 and Canadian-American Challenge Cup...

 Formula One team, which has since traded as Vodafone McLaren Mercedes.

In May 2011, Vodafone Group Plc bought the rest of the shares of Vodafone Essar
Vodafone Essar
Vodafone Essar, formerly Hutchison Essar, is a cellular operator in India that covers 23 telecom circles in India. It is based in Mumbai. On July 2011, Vodafone Group agreed terms for the buy-out of its partner Essar from its Indian mobile phone business. The UK firm paid $5.46 billion to its...

 from Essar Group Ltd with value of $5 billion and became a solely owned of Vodafone Essar.

Africa and the Middle East

Networks in the Middle East and Africa
Vodafone market share
-Subsidiaries:Networks where Vodafone Group owns a majority holding. These networks are branded Vodafone.-Affiliates:Networks where Vodafone Group owns a minority holding. Some of these networks offer Vodafone-branded products.-Partner Networks:...

Majority-owned Minority-owned Partner networks
DR Congo1 Egypt Kenya Kuwait
Ghana Lesotho1 Bahrain
Mozambique1 Qatar2 Libya
Tanzania1 South Africa1 UAE
1Majority stakes held through majority-owned Vodacom Group
2Effective ownership is not majority, but full control exercised by the group.


Egypt
In November 1998, Vodafone Egypt network went live under the name ClickGSM.

On 8 November 2006, the Company announced a deal with Telecom Egypt
Telecom Egypt
Telecom Egypt or Telecom Egypt SAE , is Egypt’s main Telephone company. It started in 1854 with the first telegraph line in Egypt...

, resulting in further co-operation in the Egyptian market, and increasing its stake in Vodafone Egypt
Vodafone Egypt
Vodafone Egypt is Egypt's largest mobile network operator. It was launched in 1998 and was formerly known as Click GSM.-About Vodafone Egypt:Vodafone Egypt is a telecommunications service and product provider. It was established in 1998...

. After the deal, Vodafone Egypt
Vodafone Egypt
Vodafone Egypt is Egypt's largest mobile network operator. It was launched in 1998 and was formerly known as Click GSM.-About Vodafone Egypt:Vodafone Egypt is a telecommunications service and product provider. It was established in 1998...

 was 55% owned by the group, while the remaining 45% was owned by Telecom Egypt
Telecom Egypt
Telecom Egypt or Telecom Egypt SAE , is Egypt’s main Telephone company. It started in 1854 with the first telegraph line in Egypt...

.

On 28 January 2011, Vodafone complied with Egyptian government instructions to suspend Internet service "in selected areas" during a period of anti-Mubarak protests. The company issued a statement that "Under Egyptian legislation, the authorities have the right to issue such an order and we are obliged to comply with it."

Vodafone also received public and media criticism for allowing the authorities to send mass pro-government messages via SMS over their network during the protests. One such message requested that "honest and loyal men" should "confront the traitors and criminals". Vodafone later issued a statement asserting that they had no choice but to allow the messages to be broadcast, and that they had complained to the Egyptian authorities about the practice.

Kuwait
On 18 September 2002, Vodafone signed a Partner Network Agreement with MTC group of Kuwait. The agreement involved the rebranding of MTC to MTC-Vodafone. On 29 December 2003, Vodafone signed another Partner Network Agreement with Kuwait's MTC group. The second agreement involved co-operation in Bahrain and the branding of the network as MTC-Vodafone.

South Africa (Vodacom)
On 3 November 2004, the Company announced that its South African affiliate Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

 had agreed to introduce Vodafone's international services, such as Vodafone live!
Vodafone live!
Vodafone live! was the brand name for the multimedia portal service of mobile phone operator Vodafone, which was initially developed by Japan's J-Phone under the J-Sky brand...

 and partner agreements, to its local market.

In November 2005, Vodafone announced that it was in exclusive talks to buy a 15% stake of VenFin in Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

 Group, reaching agreement the following day. Vodafone and Telkom then had a 50% stake each in Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

. Vodafone now owns 65% of Vodacom after purchasing a 15% stake from Telkom.

On 9 October 2008, the company offered to acquire an additional 15 per cent stake in Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

 group from Telkom. The finalised details of the agreement were announced on 6 November 2008. The agreement called for Telkom to sell 15 per cent of its 50 per cent stake in Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

 to the group, and demerge the other 35 per cent to its shareholder. Meanwhile, Vodafone has agreed to make Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

 its exclusive sub-Saharan Africa investment vehicle, as well as continuing to maintain the visibility of the Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

 brand. The transaction is closed in May/June 2009.

On 18 May 2009, Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

 entered the JSE Limited stock exchange in South Africa after Vodafone increased its stake by 15% to 65% to take a majority holding, despite disputes by local trade unions.

Ghana
In December 2007, a Vodafone Group-led consortium was awarded the second mobile phone licence in Qatar under the name "Vodafone Qatar", and on 3 July 2008, Vodafone agreed to acquire a 70% stake in Ghana Telecom
Ghana Telecom
Vodafone Ghana, formerly Ghana Telecom, is the national telecom company of Ghana. In 2006 it had around 400,000 customers for fixed and mobile telephony and internet services.On 3 July 2008, the sale of the company for $900m to Vodafone group was announced...

 for $900 million. The acquisition was consummated on 17 August 2008. The same group-led consortium won the second fixed-line licence in Qatar on 15 September 2008. Vodafone Qatar is located at QSTP

On 15 April 2009, Ghana Telecom
Ghana Telecom
Vodafone Ghana, formerly Ghana Telecom, is the national telecom company of Ghana. In 2006 it had around 400,000 customers for fixed and mobile telephony and internet services.On 3 July 2008, the sale of the company for $900m to Vodafone group was announced...

, along with its mobile subsidiary onetouch, was rebranded as Vodafone Ghana.

U.A.E.
On 28 January 2009, the group announced a partner network agreement with Du
Du (telco)
The Emirates Integrated Telecommunications Company is a telecommunications company in the United Arab Emirates. Although Emirates Integrated Telecommunications Company is its legal name, it was commercially rebranded as du in February 2006...

, the second-largest operator of the United Arab Emirates. The agreement involved co-operation on international clients, handset procurement, mobile broadband etc.

Libya
On 24 February 2010, the group signed a partner network agreement with the second-largest operator in Libya, al Madar.

The Americas

For more information, see Verizon Wireless
Verizon Wireless
Cellco Partnership, doing business as Verizon Wireless, is one of the largest mobile network operators in the United States. The network has 107.7 million subscribers as of 2011, making it the largest wireless service provider in America....

.
Networks in the Americas
Vodafone market share
-Subsidiaries:Networks where Vodafone Group owns a majority holding. These networks are branded Vodafone.-Affiliates:Networks where Vodafone Group owns a minority holding. Some of these networks offer Vodafone-branded products.-Partner Networks:...

Minority-owned Partner networks
USA Anguilla Antigua & Barbuda Aruba Barbados
Bermuda Bonaire Canada Cayman Islands
Chile Curaçao Dominica French West Indies
Grenada Guyana Haiti Honduras
Jamaica Panama St. Kitts & Nevis St. Lucia
St. Vincent & the Grenadines Trinidad & Tobago Turk & Caicos


Verizon Wireless
Verizon Wireless
Cellco Partnership, doing business as Verizon Wireless, is one of the largest mobile network operators in the United States. The network has 107.7 million subscribers as of 2011, making it the largest wireless service provider in America....

 
Digicel
Digicel
Digicel is a mobile phone network provider covering parts of Oceania, Central America, and the Caribbean regions. The company is owned by Irishman Denis O'Brien, is incorporated in Bermuda, and based in Jamaica. It provides mobile services in 26 countries and territories throughout the Caribbean...

 (Partner)
America Movil
América Móvil
América Móvil is a Mexican telecommunication company headquartered in Mexico City, Mexico. It is the fourth largest mobile network operator in terms of equity subscribers, one of the largest corporations in Latin America, and the world. America Movil is a Fortune 500 company...

 (Partner in some countries)
Entel PCS
Entel PCS
Entel PCS is a Chilean mobile phone operator, Entel Chile Group subsidiary. Currently, is the second largest cellular phone provider in Chile with 6 million subscribers, behind Chile Movistar with 6.2 million customers, which transforms back into the largest operator with annual growth of the...

 (Partner)

In the United States, Vodafone owns 45% of Verizon Wireless
Verizon Wireless
Cellco Partnership, doing business as Verizon Wireless, is one of the largest mobile network operators in the United States. The network has 107.7 million subscribers as of 2011, making it the largest wireless service provider in America....

, the country's largest mobile carrier after their merger with Alltel
Alltel
Alltel Corporation is a wireless service provider, primarily based in the United States. Before an acquisition by Verizon Wireless, it served 34 states. After the merger, Alltel continues to serve six states, mostly in rural areas...

. 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. Verizon Wireless was composed of Bell Atlantic's and Vodafone AirTouch's U.S. wireless assets, and began operations on 4 April 2000. However, Verizon Communications
Verizon Communications
Verizon Communications Inc. is a global broadband and telecommunications company and a component of the Dow Jones Industrial Average...

 – the company formed when Bell Atlantic and GTE
GTE
GTE Corporation, formerly General Telephone & Electronics Corporation was the largest independent telephone company in the United States during the days of the Bell System....

 merged on 30 June 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
Dividend policy
Dividend policy is concerned with taking a decision regarding paying cash dividend in the present or paying an increased dividend at a later stage. The firm could also pay in the form of stock dividends which unlike cash dividends do not provide liquidity to the investors, however, it ensures...

 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
AT&T Wireless Services
AT&T Wireless Services, Inc., founded in 1987 as McCaw Cellular Communications, Inc., and now legally known as New Cingular Wireless Services, Inc., formerly part of AT&T Corp., is a wireless telephone carrier in the United States, based in Redmond, Washington, and later traded on the New York...

 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, at the time a joint venture of SBC Communications and BellSouth (both now part of AT&T
AT&T
AT&T Inc. is an American multinational telecommunications corporation headquartered in Whitacre Tower, Dallas, Texas, United States. It is the largest provider of mobile telephony and fixed telephony in the United States, and is also a provider of broadband and subscription television services...

), ultimately outbid Vodafone and took control of AT&T Wireless (the combined wireless carrier is now AT&T Mobility), 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.

Verizon has announced that its 4G data network will be LTE, which is considered part of the GSM path and not the CDMA2000
CDMA2000
CDMA2000 is a family of 3G mobile technology standards, which use CDMA channel access, to send voice, data, and signaling data between mobile phones and cell sites. The set of standards includes: CDMA2000 1X, CDMA2000 EV-DO Rev. 0, CDMA2000 EV-DO Rev. A, and CDMA2000 EV-DO Rev. B...

 path Verizon has been using; it has been suggested this is to appease Vodafone, which uses GSM on its own networks.

On 11 May 2008, Vodafone sealed a trade agreement with the Chilean Entel PCS
Entel PCS
Entel PCS is a Chilean mobile phone operator, Entel Chile Group subsidiary. Currently, is the second largest cellular phone provider in Chile with 6 million subscribers, behind Chile Movistar with 6.2 million customers, which transforms back into the largest operator with annual growth of the...

 Chile, in which Entel PCS has access to the equipment and international services of Vodafone, and Vodafone will be one of the trademarks of Entel for the wireless business. This step will give the Vodafone brand access to a market of over 15 million people, currently divided among three companies: Telefonica
Telefónica
Telefónica, S.A. is a Spanish broadband and telecommunications provider in Europe and Latin America. Operating globally, it is the third largest provider in the world...

 Movistar
Movistar
Movistar is a major Spanish mobile phone operator owned by Telefónica Móviles. It operates in Spain and in many Latin American countries. It is the largest carrier in Spain with 22 million customers and 41.58% of market share. Its principal competitor in Latin America is America Movil...

, Claro, and Entel PCS
Entel PCS
Entel PCS is a Chilean mobile phone operator, Entel Chile Group subsidiary. Currently, is the second largest cellular phone provider in Chile with 6 million subscribers, behind Chile Movistar with 6.2 million customers, which transforms back into the largest operator with annual growth of the...

.

Asia-Pacific

Networks in Asia-Pacific
Vodafone market share
-Subsidiaries:Networks where Vodafone Group owns a majority holding. These networks are branded Vodafone.-Affiliates:Networks where Vodafone Group owns a minority holding. Some of these networks offer Vodafone-branded products.-Partner Networks:...

Majority-owned Minority-owned Partner networks
Australia
Vodafone Australia
Vodafone Australia is a mobile telephone company, a subsidiary of Vodafone Hutchison Australia. Vodafone Australia was formerly a wholly owned subsidiary of Vodafone Plc ....

China mainland Afghanistan Armenia
India
Vodafone Essar
Vodafone Essar, formerly Hutchison Essar, is a cellular operator in India that covers 23 telecom circles in India. It is based in Mumbai. On July 2011, Vodafone Group agreed terms for the buy-out of its partner Essar from its Indian mobile phone business. The UK firm paid $5.46 billion to its...

Fiji Azerbaijan Hong Kong
New Zealand
Vodafone New Zealand
Vodafone New Zealand is a British owned telecommunications company, a subsidiary of Vodafone Plc operating in New Zealand. It is New Zealand's largest mobile phone operator, based in Auckland, New Zealand and was formed in 1998, after Vodafone purchased BellSouth's New Zealand operations...

Japan Malaysia
Samoa Singapore
Sri Lanka Taiwan
Thailand Turkmenistan
Uzbekistan


In July 1993, BellSouth New Zealand's network went live, and October 1993 Vodafone Australia
Vodafone Australia
Vodafone Australia is a mobile telephone company, a subsidiary of Vodafone Hutchison Australia. Vodafone Australia was formerly a wholly owned subsidiary of Vodafone Plc ....

's network also went live. This was followed in July 1994 by Vodafone Fiji's network going live.

In November 1998, Vodafone purchased BellSouth
BellSouth
BellSouth Corporation is an American telecommunications holding company based in Atlanta, Georgia. BellSouth was one of the seven original Regional Bell Operating Companies after the U.S...

 New Zealand, which later became Vodafone New Zealand
Vodafone New Zealand
Vodafone New Zealand is a British owned telecommunications company, a subsidiary of Vodafone Plc operating in New Zealand. It is New Zealand's largest mobile phone operator, based in Auckland, New Zealand and was formed in 1998, after Vodafone purchased BellSouth's New Zealand operations...

. In 1999, J-Phone launched the J-sky mobile internet service in response to DoCoMo
DoCoMo
DoCoMo is a trademark of the NTT DoCoMo corporation of Japan, used in its home market and in India in partnership with Tata Teleservices. It is an acronym of the phrase "Do communications over the mobile network."See also the following mobile phone operators:...

's i-Mode
I-mode
NTT DoCoMo's i-mode is a mobile internet service popular in Japan. Unlike Wireless Application Protocol, i-mode encompasses a wider variety of internet standards, including web access, e-mail and the packet-switched network that delivers the data...

 service. In December 2002 J-Phone's 3G
3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...

 network went live.

On 1 October 2003, J-Phone became 'Vodafone
Vodafone Japan
, previously as Vodafone K.K. and J-PHONE, is the Japanese subsidiary company of mobile phone operator SoftBank.Masayoshi Son is CEO and Representative Director.-Technology:...

', and J-Phone's mobile internet service J-Sky became Vodafone Live!
Vodafone live!
Vodafone live! was the brand name for the multimedia portal service of mobile phone operator Vodafone, which was initially developed by Japan's J-Phone under the J-Sky brand...

. On 3 November 2003, Singapore became a part of the community as M1 was signed as partner network.

In December 2004, Vodafone Australia agreed to deploy high-speed MPLS
Multiprotocol Label Switching
Multiprotocol Label Switching is a mechanism in high-performance telecommunications networks that directs data from one network node to the next based on short path labels rather than long network addresses, avoiding complex lookups in a routing table. The labels identify virtual links between...

 backbone network built by Lucent Worldwide Services using Juniper
Juniper Networks
Juniper Networks is an information technology and computer networking products multinational company, founded in 1996. It is head quartered in Sunnyvale, California, USA. The company designs and sells high-performance Internet Protocol network products and services...

 hardware.

Then in April 2005, SmarTone changed the name of its brand to 'SmarTone-Vodafone
SmarTone-Vodafone
SmarTone Mobile Communications Limited is a mobile phone operator in Hong Kong. It provides mobile phone service on GSM-900, GSM-1800 and W-CDMA with the brand SmarTone...

', after both companies signed a Partner Network Agreement. In August 2005, Vodafone launched 3G technology in New Zealand, and in October 2005, it began launching 3G technology in Australia. On 28 October 2005, the Company announced 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. On 22 December 2005, the Company announced the completion of the acquisition of the 10% stake in Bharti Televentures of India.

In January 2006, Indonesia, Malaysia, and Sri Lanka were added to the Vodafone footprint as Vodafone Group signed a partner network agreement with Telekom Malaysia
Telekom Malaysia
Telekom Malaysia Berhad , DBA TM, is the largest integrated solutions provider in Malaysia, and one of Asia's leading communications companies, with a market capitalisation of RM13.9 billion and a workforce of 26,629 employees. Established as the Telecommunications Department of Malaya in 1946, it...

. On 17 March 2006, Vodafone announced an agreement to sell all its interest in Vodafone Japan
Vodafone Japan
, previously as Vodafone K.K. and J-PHONE, is the Japanese subsidiary company of mobile phone operator SoftBank.Masayoshi Son is CEO and Representative Director.-Technology:...

 to SoftBank
SoftBank
is a Japanese telecommunications and internet corporation, with operations in broadband, fixed-line telecommunications, e-Commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses....

 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. On 9 October 2006, Vodafone New Zealand
Vodafone New Zealand
Vodafone New Zealand is a British owned telecommunications company, a subsidiary of Vodafone Plc operating in New Zealand. It is New Zealand's largest mobile phone operator, based in Auckland, New Zealand and was formed in 1998, after Vodafone purchased BellSouth's New Zealand operations...

 bought New Zealand's 3rd largest internet service provider
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...

, iHug
IHUG
ihug was New Zealand's third largest ISP , before it was bought, then absorbed by Vodafone New Zealand . According to 2005 estimates, it had over 100,000 internet and phone subscribers...

, and on 1 November 2006, Vodafone Australia
Vodafone Australia
Vodafone Australia is a mobile telephone company, a subsidiary of Vodafone Hutchison Australia. Vodafone Australia was formerly a wholly owned subsidiary of Vodafone Plc ....

 signed the Australian Football League
Australian Football League
The Australian Football League is both the governing body and the major professional competition in the sport of Australian rules football...

 (AFL)'s biggest individual club sponsorship deal with the Brisbane Lions
Brisbane Lions
The Brisbane Lions is an Australian rules football club which plays in the Australian Football League . The club is based in Brisbane, Queensland. The club was formed from the merger of the Brisbane Bears and the Fitzroy Lions in 1996...

 for seasons 2007, 2008 and 2009.

On 6 February 2007, along with the partnership with Digicel
Digicel
Digicel is a mobile phone network provider covering parts of Oceania, Central America, and the Caribbean regions. The company is owned by Irishman Denis O'Brien, is incorporated in Bermuda, and based in Jamaica. It provides mobile services in 26 countries and territories throughout the Caribbean...

 Caribbean (see below), Samoa was added as a Partner Market. Then on 11 February 2007, the Company agreed to acquire a controlling interest of 67% in Hutchison Essar Limited for US$11.1 billion. At the same time, it agreed to sell back 5.6% of its AirTel stake back to the Mittals. Vodafone would retain a 4.4% stake in AirTel. On 21 September 2007, Hutch
Vodafone Essar
Vodafone Essar, formerly Hutchison Essar, is a cellular operator in India that covers 23 telecom circles in India. It is based in Mumbai. On July 2011, Vodafone Group agreed terms for the buy-out of its partner Essar from its Indian mobile phone business. The UK firm paid $5.46 billion to its...

 was rebranded to Vodafone
Vodafone Essar
Vodafone Essar, formerly Hutchison Essar, is a cellular operator in India that covers 23 telecom circles in India. It is based in Mumbai. On July 2011, Vodafone Group agreed terms for the buy-out of its partner Essar from its Indian mobile phone business. The UK firm paid $5.46 billion to its...

 in India.

On 6 February 2007, Vodafone Group signed a three-year partnership agreement with Digicel
Digicel
Digicel is a mobile phone network provider covering parts of Oceania, Central America, and the Caribbean regions. The company is owned by Irishman Denis O'Brien, is incorporated in Bermuda, and based in Jamaica. It provides mobile services in 26 countries and territories throughout the Caribbean...

 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. What is interesting to note, is that as well as being partners, Digicel
Digicel
Digicel is a mobile phone network provider covering parts of Oceania, Central America, and the Caribbean regions. The company is owned by Irishman Denis O'Brien, is incorporated in Bermuda, and based in Jamaica. It provides mobile services in 26 countries and territories throughout the Caribbean...

 and Vodafone are also rival operators in Fiji, where Digicel Fiji recently launched, and Vodafone owns a minority (49%) stake in Vodafone Fiji.

On 10 February 2008, Vodafone announced the launching of M-Paisa mobile money transfer service on Roshan's (Afghanistan's largest GSM operator) network: Afghanistan was added to the Vodafone footprint.

On 5 September 2008, Vodafone purchased Australia's largest bricks and mortar mobile phone retailer Crazy John's
Crazy John's
Crazy John's is a mobile phone retail chain in Australia started by late Turkish/Australian businessman John Ilhan. Crazy John's is the largest independent phone retailer in Australia, employing more than 700 people with over 120 retail stores. Following his death, Mr Ilhan's wife Patricia sold...

 adding 115 retail stores to its local operations.

On 9 February 2009, Vodafone Australia announced a merger with 3/Hutchison via a joint venture company VHA Pty Ltd, which would offer products under the Vodafone brand. dtac
DTAC
Total Access Communication Public Company Limited is the second largest GSM mobile phone provider in Thailand . Dtac is owned by Telenor both directly and indirectly...

 in Thailand is signed as a partner network of the Group on 25 March 2009.

On 19 June 2009, Vodafone-Hutchison Australia (VHA) announced the end of its outsourcing of retail operations. VHA committed to buying back and managing its entire retail operation, including 208 Vodafone-branded retail outlets Australia-wide. This project was slated to be completed by 1 September 2009.

On 31 August 2009, VHA enabled an extended 900 MHz 3G UMTS network which functions outside their 2100mhz 3G network, boosting Vodafone's 3G population coverage from around 8% to around 94% on dual-band 900/2100mhz 3G UMTS devices.

Nar Mobile
Nar Mobile
Nar Mobile is a mobile telecommunications company, located in Baku, Azerbaijan.-Company background:Azerfon LLC launched its commercial activities in 21 March 2007 under brand name Nar Mobile....

 in Azerbaijan was signed as a Partner Network on 22 July 2009, while Chunghwa Telecom
Chunghwa Telecom
Chunghwa Telecom is the largest telecommunications company in Taiwan. It has its headquarters in Zhongzheng District, Taipei on the remains of the old Taipei Prison.- History :...

 of Taiwan was signed on 12 November 2009.

Europe

Networks in Europe
Vodafone market share
-Subsidiaries:Networks where Vodafone Group owns a majority holding. These networks are branded Vodafone.-Affiliates:Networks where Vodafone Group owns a minority holding. Some of these networks offer Vodafone-branded products.-Partner Networks:...

Majority-owned Minority-owned Partner networks
Albania
Vodafone Albania
Vodafone Albania is a mobile telephone company, operating in Albania.Vodafone Albania is owned at 51% by Vodafone International Holdings B.V. and at 49% by Vodafone Panafon International Holdings B.V...

France Austria Belgium
Czech Republic
Vodafone Czech Republic
Vodafone Czech Republic is a member of the mobile telecommunications group Vodafone. The Vodafone Group established in 1982 and operates in 27 countries across five continents, not to mention partners in a further 33 countries.-History:...

Bulgaria Channel Islands
Germany
Vodafone Germany
Vodafone D2 is a mobile telephone company, operating in Germany. It is a non-listed, wholly owned subsidiary of Vodafone Plc ....

Croatia Cyprus
Greece
Vodafone Greece
Vodafone Greece is the Greek subsidiary of Vodafone. Its headquarters are in Halandri - one of the northern suburbs of Athens.Vodafone Greece was established in Greece in 1992 – under the trade name Panafon – with the participation of Vodafone Group Plc., France Telecom, Intracom and Data Bank, and...

Denmark Estonia
Hungary
Vodafone Hungary
- Network Information :The IMSI - Network Code of Vodafone Hungary is 216-70 and MSISDN Network Codes are 70 The Display name of Vodafone Hungary: vodafone HU- Network Information :...

Finland Faroe Islands
Ireland
Vodafone Ireland
Vodafone Ireland Limited, part of the Vodafone Group, is the largest mobile phone company in Ireland in terms of active subscribers, and was previously called Eircell. The mobile phone system in use is a digital GSM 900 system, and also a third-generation UMTS system...

Iceland Latvia
Italy
Vodafone Italy
Vodafone Italia is an Italian mobile telephony operator. The company has 31,000,000 customers and a market share of 33.4%, placing it just behind TIM...

Lithuania Luxembourg
Malta Rep. of Macedonia Norway
Netherlands
Vodafone Netherlands
Vodafone Netherlands, part of the Vodafone Group is the third largest mobile phone company in the Netherlands, and was previously called Libertel. The mobile phone system uses GSM 900 and GSM 1800...

Russia Serbia
North Cyprus
KKTC Telsim
KKTC Telsim was the first GSM operator in the self-proclaimed Turkish Republic of Northern Cyprus. It was granted licence in August 1995, and started service accepting subscribers on 23 October 1995.The company was a subsidiary of Telsim Group in Turkey...

Slovenia Sweden
Portugal
Vodafone Portugal
Vodafone Portugal, a full subsidiary of the Vodafone Group, is the second mobile operator in Portugal, both chronologically and in market share...

Switzerland Ukraine
Romania
Vodafone Romania
Vodafone is a Romanian mobile phone network operator. It launched in April 1997 as the first GSM network in Romania...

Spain
Vodafone Spain
Vodafone España, S.A.U. is a mobile telecommunications operator in Spain headquartered in Alcobendas, Madrid. The company was founded in 2000, as a result of the merger of the shares held by Vodafone Group plc and British Telecommunications plc in Airtel Móviles, S.A....

Turkey
Vodafone Turkey
Vodafone Turkey is a mobile phone operator in Turkey, currently the country's second largest. It had 16 million active subscribers in March 2007 - approximately a 25% share of the market - and claims to cover just about all urban areas with a population over 5,000. Vodafone Turkey is also the...

UK
Vodafone United Kingdom
Vodafone is the largest of services and telecommunications in the United Kingdom, in terms of network, behind O2, and Orange/T-Mobile .....


In February 2002, Radiolinja of Finland joined as a Partner Network. Radiolinja later changed its named to Elisa
Elisa Oyj
Elisa Oyj is a Finnish telecommunications company founded in 1882 that was known until July 2000 as HPY. Elisa Oyj employs about 3000 people and in 2007 had revenue of about €1.57 billion...

. Later that year, the Company rebranded Japan's J-sky mobile internet service as Vodafone live!
Vodafone live!
Vodafone live! was the brand name for the multimedia portal service of mobile phone operator Vodafone, which was initially developed by Japan's J-Phone under the J-Sky brand...

, and on 3 December 2002, the Vodafone brand was introduced in the Estonian market following the signing of a Partner Network Agreement with Radiolinja (Eesti). Radiolinja (Eesti) later changed its name to Elisa.

On 7 January 2003, the Company signed a group-wide Partner agreement with mobilkom Austria
Mobilkom Austria
Mobilkom Austria is a major Austrian mobile network operator. It has been operating commercially since 1994 and in testing since 1992.One of the most well-known commercial brand is A1 in Austria.The Mobilkom Austria group also owns:...

. As a result, Austria, Croatia, and Slovenia were added to the community. In April 2003, Og Vodafone was introduced in the Icelandic market, and in May 2003, Omnitel
Omnitel
Omnitel is one of the largest telecommunication companies in the Baltics, member of TeliaSonera group. It provides services of carrying and packaging of voice, images, data, information, transactions and entertainment....

 (Omnitel Pronto-Italia) was rebranded Vodafone Italy
Vodafone Italy
Vodafone Italia is an Italian mobile telephony operator. The company has 31,000,000 customers and a market share of 33.4%, placing it just behind TIM...

. On 21 July 2003, Lithuania was added to the community, with the signing of a Partner Network agreement with Bitė.

In February 2004, Vodafone signed a Partner Network Agreement with Luxembourg's LuxGSM, and a Partner Network Agreement with Cyta
CYTA
CYTA is the national telecommunications provider of Cyprus.The Cyprus Telecommunications Authority , a semi-governmental organisation incorporated by law, is the leading provider of Integrated Electronic Communications in Cyprus...

 of Cyprus. Cyta agreed to rename its mobile phone operations to Cytamobile-Vodafone. In April 2004, the Company purchased Singlepoint airtime provider from John Caudwell (Caudwell Group), and approx 1.5 million customers onto its base for £405million, adding sites in Stoke on Trent (England), to existing sites in Newbury (HQ), Birmingham, Warrington and Banbury. In November 2004, Vodafone introduced 3G
3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...

 services into Europe.

In June 2005, the Company increased its participation in Romania's Connex to 99%, and also bought the Czech mobile operator Oskar. On 1 July 2005, Oskar of the Czech Republic was rebranded as Oskar-Vodafone. Later that year, on 17 October 2005, Vodafone Portugal
Vodafone Portugal
Vodafone Portugal, a full subsidiary of the Vodafone Group, is the second mobile operator in Portugal, both chronologically and in market share...

 launched 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 started 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) formed part of the new identity.

On 28 October 2005, Connex in Romania was rebranded as Connex-Vodafone, and on 31 October 2005, the Company reached an agreement to sell Vodafone Sweden to Telenor
Telenor
Telenor Group is the incumbent telecommunications company in Norway, with headquarters located at Fornebu, close to Oslo. Today, Telenor Group is mostly an international wireless carrier with operations in Scandinavia, Eastern Europe and Asia, working predominantly under the Telenor brand...

 for approximately €1 billion. After the sale, Vodafone Sweden became a Partner Network. In December 2005, Vodafone won an auction to buy Turkey's second-largest mobile phone company, Telsim, for US$4.5 billion. In December 2005, Vodafone Spain
Vodafone Spain
Vodafone España, S.A.U. is a mobile telecommunications operator in Spain headquartered in Alcobendas, Madrid. The company was founded in 2000, as a result of the merger of the shares held by Vodafone Group plc and British Telecommunications plc in Airtel Móviles, S.A....

 became the second member of the Group to adopt the revised logo: it was phased in over the following six months in other countries.

In 2006, the Company rebranded its Stoke-on-Trent site as Stoke Premier Centre, a centre of expertise for the company dealing with Customer Care for its higher value customers, technical support, sales and credit control. All cancellations and upgrades started to be dealt with by this call centre. On 5 January 2006, Vodafone announced the completion of the sale of Vodafone Sweden
Vodafone Sweden
Vodafone Sweden is one of the old names of the Swedish mobile network of Telenor, now called Telenor Sverige. Prior to becoming Vodafone, it was known as Europolitan.-History:...

 to Telenor
Telenor
Telenor Group is the incumbent telecommunications company in Norway, with headquarters located at Fornebu, close to Oslo. Today, Telenor Group is mostly an international wireless carrier with operations in Scandinavia, Eastern Europe and Asia, working predominantly under the Telenor brand...

. On February 2006, the Company closed its Birmingham Call Centre. On 1 February 2006, Oskar Vodafone became Vodafone Czech Republic
Vodafone Czech Republic
Vodafone Czech Republic is a member of the mobile telecommunications group Vodafone. The Vodafone Group established in 1982 and operates in 27 countries across five continents, not to mention partners in a further 33 countries.-History:...

, adopting the revised logo, and on 22 February 2006, the Company announced that it was extending its footprint to Bulgaria with the signing of Partner Network Agreement with Mobiltel
Mobiltel
Mobiltel , commonly known as M-Tel , is the first and largest GSM mobile phone operator in Bulgaria. M-Tel was founded in March 1994 by Mr...

, which is part of mobilkom Austria
Mobilkom Austria
Mobilkom Austria is a major Austrian mobile network operator. It has been operating commercially since 1994 and in testing since 1992.One of the most well-known commercial brand is A1 in Austria.The Mobilkom Austria group also owns:...

 group.
In April 2006, the Company announced that it had 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. Also in April 2006, Vodafone Sweden
Vodafone Sweden
Vodafone Sweden is one of the old names of the Swedish mobile network of Telenor, now called Telenor Sverige. Prior to becoming Vodafone, it was known as Europolitan.-History:...

 changed its name to Telenor Sverige AB, and Connex-Vodafone became Vodafone Romania
Vodafone Romania
Vodafone is a Romanian mobile phone network operator. It launched in April 1997 as the first GSM network in Romania...

, also adopting the new logo. On 30 May 2006, Vodafone announced the then biggest loss in British corporate history (£14.9 billion), and plans to cut 400 jobs; it reported one-off costs of £23.5 billion due to the revaluation of its Mannesmann
Mannesmann
Mannesmann AG was a German corporation with headquarters in Düsseldorf. The company was founded in 1890 originally to produce seamless steel tubes. It was traded on the Frankfurt Stock Exchange. The company had 130,860 employees worldwide and revenues of €23.27 billion.Over time, Mannesmann...

 subsidiary. On 24 July 2006, the respected head of Vodafone Europe, Bill Morrow, quit unexpectedly, and on 25 August 2006, the Company announced the sale of its 25% stake in Belgium's Proximus
Proximus
Proximus, also known as Belgacom Mobile, is the largest of Belgium's three mobile telecommunications operators. It competes with Mobistar, owned by France Télécom, and Base, a subsidiary of Dutch KPN.-History:...

 for €2 billion. After the deal, Proximus was still part of the community as a Partner Network. On 5 October 2006, Vodafone announced the first single brand partnership with Og Vodafone which would operate under the name Vodafone Iceland
Vodafone Iceland
Vodafone Iceland is an Icelandic telecommunications company and is part of the Icelandic IT company Teymi. Although the company carries the Vodafone brand and trademark, Vodafone Group owns no interest in the company, but rather franchises the brand and associated advertising styles to Teymi, the...

, and on 19 December 2006, the Company announced the sale of its 25% stake in Switzerland's Swisscom
Swisscom
Swisscom AG is a major telecommunications provider in Switzerland. Along with Swiss Post, it is a successor company to the former state-owned PTT. Its headquarters are located at Worblaufen near Bern...

 for CHF4.25 billion (£1.8 billion)., After the deal, Swisscom would still be part of the community as a Partner Network. Finally in December 2006, the Company completed the acquisition of Aspective, an enterprise applications systems integrator in the UK, signalling Vodafone's intent to grow a significant presence and revenues in the information and communication technologies
Information and communication technologies
Information and communications technology or information and communication technology, usually abbreviated as ICT, is often used as an extended synonym for information technology , but is usually a more general term that stresses the role of unified communications and the integration of...

 (ICT) marketplace.
Early in January 2007, Telsim in Turkey adopted Vodafone dual branding as Telsim Vodafone, and on 1 April 2007, Telsim Vodafone Turkey dropped its original brand and became Vodafone Turkey
Vodafone Turkey
Vodafone Turkey is a mobile phone operator in Turkey, currently the country's second largest. It had 16 million active subscribers in March 2007 - approximately a 25% share of the market - and claims to cover just about all urban areas with a population over 5,000. Vodafone Turkey is also the...

. In addition, Vodafone Turkey
Vodafone Turkey
Vodafone Turkey is a mobile phone operator in Turkey, currently the country's second largest. It had 16 million active subscribers in March 2007 - approximately a 25% share of the market - and claims to cover just about all urban areas with a population over 5,000. Vodafone Turkey is also the...

 also gives service in Northern Cyprus. On 1 May 2007, Vodafone added Jersey and Guernsey to the community, as Airtel was signed as Partner Network in both crown dependencies. In June 2007, the Vodafone live! mobile internet portal in the UK was relaunched. Front page was now charged for, and previously "bundled" data allowance was removed from existing contract terms. All users were given access to the "full" web rather than a 'Walled Garden', and Vodafone became the first mobile network to focus an entire media campaign on its newly launched mobile internet portal in the UK. On 1 August 2007, Vodafone Portugal
Vodafone Portugal
Vodafone Portugal, a full subsidiary of the Vodafone Group, is the second mobile operator in Portugal, both chronologically and in market share...

 launched Vodafone Messenger, a service with Windows Live Messenger
Windows Live Messenger
Windows Live Messenger is an instant messaging client created by Microsoft that is currently designed to work with Windows XP , Windows Vista, Windows 7, Windows Mobile, Windows CE, Xbox 360, Blackberry OS, iOS, Java ME, S60 on Symbian OS 9.x and Zune HD...

 and Yahoo! Messenger
Yahoo! Messenger
Yahoo! Messenger is an advertisement-supported instant messaging client and associated protocol provided by Yahoo!...

.
At the end of 2007, Vodafone Germany was ranked 6th in Europe by subscriber numbers, whilst its Italian operation was listed as 10th. Vodafone UK was ranked 13th, whilst Spain was listed in 16th place.

On 17 April 2008, Vodafone extended its footprint to Serbia as Vip mobile
Vip mobile
Vip mobile is the third Serbian mobile network operator and a member of mobilkom Austria group. It is the exclusive strategic partner of Vodafone in Serbia....

 was added to the community as a Partner Network, and on 20 May 2008, the Company added VIP Operator
VIP Operator
Vip operator is a mobile network operator in Macedonia and a member of the Telekom Austria Group.On March 26, 2007, Vip operator acquired the third license for mobile communications operation from the Macedonian Agency for Electronic Communications, worth EUR 10 million, after winning on the...

 as a Partner Network, thereby extending the global footprint to the Republic of Macedonia. In May 2008, Kall
Kall
Vodafone Faroe Islands is a Faroese telecommunications company, which started in October 2000. On May 29 2008 the company being previously known as Kall was rebranded to Vodafone....

 of the Faroe Islands
Faroe Islands
The Faroe Islands are an island group situated between the Norwegian Sea and the North Atlantic Ocean, approximately halfway between Scotland and Iceland. The Faroe Islands are a self-governing territory within the Kingdom of Denmark, along with Denmark proper and Greenland...

 rebranded as Vodafone Faroe Islands.

On 30 October 2008, the company announced a strategic, non-equity partnership with Mobile TeleSystems
Mobile TeleSystems
MTS is the largest mobile operator in Russia and CIS with over 102,4 million subscribers as of 31 December 2009.Having started in the Moscow license zone in 1994, МТS in 1997 received licenses for further areas and began expansion, later entering other countries of the CIS...

 (MTS) group of Russia. The agreement adds Russia, Armenia, Turkmenistan, Ukraine, and Uzbekistan to the group footprint.

On 20 March 2009, it was announced that the group's Luxembourg partner has been changed to Tango
Tango (telecom)
Tango Services SA, a luxembourgian subsidiary of the belgian telco Belgacom Group, provides fixed and mobile voice services and DSL services in Luxembourg and Liechtenstein. As the second mobile operator in Luxembourg, the company markets its mobile offers under the "Tango" brand.Launched in 1998,...

: the agreement with LuxGSM was not renewed in favour of Tango
Tango (telecom)
Tango Services SA, a luxembourgian subsidiary of the belgian telco Belgacom Group, provides fixed and mobile voice services and DSL services in Luxembourg and Liechtenstein. As the second mobile operator in Luxembourg, the company markets its mobile offers under the "Tango" brand.Launched in 1998,...

, the Luxembourg unit of another partner network, Belgacom
Belgacom
The Belgacom Group is the largest telecommunications company in Belgium, headquartered in Brussels. Belgacom Group is primarily state owned, with the Belgian state holding 53.3% + 1 share...

 of Belgium.

Vodafone Global Enterprise

Vodafone Global Enterprise is a division established by Vodafone in 2007 to service multinational corporate clients. Vodafone Global Enterprise has a presence in over 65 countries, with the number planned to grow in the future. Devices and services available in any Vodafone operating country are available to Vodafone Global Enterprise customers in the same country. Vodafone Global Enterprise is headquartered in Newbury, United Kingdom and is currently led by Nick Jeffery.

Products and services

Products promoted by the Group include Vodafone live!
Vodafone live!
Vodafone live! was the brand name for the multimedia portal service of mobile phone operator Vodafone, which was initially developed by Japan's J-Phone under the J-Sky brand...

, Vodafone Mobile Connect USB Modem, Vodafone Connect to Friends, Vodafone Passport, Vodafone Freedom Packs, Vodafone at Home, Vodafone 710 and Amobee Media Systems
Amobee Media Systems
Amobee, founded in 2005 by Gil Shulman, Saul Rurka and Zohar Levkovitz, is an end-to-end mobile advertising solution and service for large-scale advertisers, developers, publishers and operators. Amobee enables its customers to run targeted mobile ad campaigns on a global scale...

. Between June and August 2009, Vodafone suspended roaming charges within 35 different countries, allowing their customers to take their standard UK price plan abroad.

In October 2009, it launched Vodafone 360, a new internet service for the mobile, PC and Mac. On 15 February 2010 Vodafone launched world's cheapest mobile phone known as Vodafone 150, will sell for below $15 (£10) and is aimed at the developing world. It will initially be launched in India, Turkey and eight African countries including Lesotho, Kenya and Ghana.

Mobile Money Transfer Service

In March 2007, Safaricom, which is part owned by Vodafone and the leading mobile communication provider in Kenya, launched a mobile payment solution developed by Vodafone. M-PESA is aimed at mobile customers who do not have a bank account, typically because they do not have access to a bank or their income is insufficient to justify a bank account. The M-PESA system allows customers to deposit and withdraw cash via local agents, and transfer money to other mobile phone users via SMS.

By February 2008, the M-PESA money transfer system in Kenya had gained 1.6 million customers and Vodafone announced that it was to extend the service to Afghanistan. The service here was launched on the Roshan network under the brand M-Paisa with a different focus to the Kenyan service. M-Paisa was targeted as a vehicle for microfinance institutions' (MFI) loan disbursements and repayments, alongside business to business applications such as salary disbursement. The service has now been transitioned to be operationally run by IBM Global Services on behalf of Vodafone, the initial 3 markets (Kenya, Tanzania & Afghanistan) are hosted by Rackspace.

The Afghanistan launch was followed in April 2008 by the announcement of further a further launch of M-PESA in Tanzania. As an operator of money transmission services, Vodafone became subject to anti-money laundering regulation and in July 2008, it was revealed that it had deployed a sanctions and PEP (Politically Exposed Persons) screening solution from Datanomic
Datanomic
Datanomic is a software engineering company based in Cambridge.Founded in 2001, Datanomic was a UK based software company developing data quality solutions. In 2006, Datanomic acquired Tranato and integrated Tranato's semantic profiling and parsing capabilities with Datanomic's data auditing and...

 for weekly screening of 2.5 million customers in Tanzania. The screening service was to be rolled out to Afghanistan, Kenya, India and Datanomic
Datanomic
Datanomic is a software engineering company based in Cambridge.Founded in 2001, Datanomic was a UK based software company developing data quality solutions. In 2006, Datanomic acquired Tranato and integrated Tranato's semantic profiling and parsing capabilities with Datanomic's data auditing and...

 disclosed that the solution might be used to screen all of Vodafone's 300 million customers globally.

mHealth Solutions

In November 2009, Vittorio Colao
Vittorio Colao
Vittorio Colao is an Italian businessman, the current Chief Executive of Vodafone Group.-Biography:The son of an officer in the Carabinieri, Colao was born in Brescia. After studying business at Bocconi University and holding an MBA with Honours from Harvard Business School, he spent time in...

 announced that Vodafone set-up a new business unit that looks after the emerging mHealth market. mHealth is defined as the application of mobile communications and network technologies to healthcare. Vodafone’s main objectives for implementing mHealth projects are to optimise the efficiencies of health organisations’ internal processes and to enhance the delivery and accessibility of healthcare.

One of its early success stories is with the Novartis
Novartis
Novartis International AG is a multinational pharmaceutical company based in Basel, Switzerland, ranking number three in sales among the world-wide industry...

-led “SMS for Life” project in Tanzania, for which Vodafone developed and deployed a text-message based system that enables all of the country’s 4,600 public health facilities to report their levels of anti-malaria medications so that stock level data can be viewed centrally in real-time, enabling timely re-supply of stock. During the SMS for Life pilot, which covered 129 health facilities over six months, stock-outs dropped from 26% to 0.8%, saving thousands of lives.

Vodafone is also working together with Baxter International
Baxter International
Baxter International Inc. , is an American health care company with headquarters in Deerfield, Illinois. The company primarily focuses on products to treat hemophilia, kidney disease, immune disorders and other chronic and acute medical conditions...

, having developed a patient-reported treatment outcome system for users of Baxter’s intravenous immunoglobulin (IVIG) treatments. The aim of the system is to move more patients from hospital to home to receive their ongoing infusions.

Other examples of Vodafone initiatives in mHealth date back before the creation of the mHealth unit. A continued partnership with the Spanish Red Cross to market and enable a localisation service for Alzheimer patients began in 2005 and serves more than 1,000 patients and carers per year. Since 2006, Vodafone enables doctors in remote practices on the Greek islands to share patient data with specialists in Athens and other central hospitals, so that they can receive diagnostic and therapy consultations in real-time.

Vodafone has also been active in mHealth from a philanthropic perspective. The Vodafone Group Foundation is a founder member of the mHealth Alliance , supporting the adoption of mHealth through policy research and advocacy and the development of interoperable and sustainable mHealth solutions.

Governance

Name Between
Sir Gerald Whent
Gerry Whent
Sir Gerry Arthur Whent CBE was the founder and first chief executive of Vodafone.-Early life:...

October 1988 – December 1996
Sir Christopher Gent
Chris Gent
Sir Christopher Charles Gent is a British businessman, He is the former chief executive officer of Vodafone, a British mobile phone company. He is currently the chairman of GlaxoSmithKline, the world's second largest pharmaceutical, biological, and healthcare company.-Early life:Born in 1948 in...

January 1997 – July 2003
Arun Sarin
Arun Sarin
Arun Sarin was the CEO of Britain's Vodafone Group plc. On June 29, 2008, he announced his resignation as CEO of Vodafone Group. He is a senior adviser at the private equity firm KKR. He serves on the board of directors of Cisco Systems and Safeway, Inc...

July 2003 – July 2008
Vittorio Colao
Vittorio Colao
Vittorio Colao is an Italian businessman, the current Chief Executive of Vodafone Group.-Biography:The son of an officer in the Carabinieri, Colao was born in Brescia. After studying business at Bocconi University and holding an MBA with Honours from Harvard Business School, he spent time in...

July 2008 – present


In a period just short of twenty years from its initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

, the Company had had just three Chief Executives. The fourth CEO, Vittorio Colao
Vittorio Colao
Vittorio Colao is an Italian businessman, the current Chief Executive of Vodafone Group.-Biography:The son of an officer in the Carabinieri, Colao was born in Brescia. After studying business at Bocconi University and holding an MBA with Honours from Harvard Business School, he spent time in...

, stepped up from Deputy Chief Executive in July 2008. Each of his predecessors made a personal contribution to the development of the Company.

Sir Gerald Whent
Gerry Whent
Sir Gerry Arthur Whent CBE was the founder and first chief executive of Vodafone.-Early life:...

, at that time an Executive with Racal Electronics plc, was responsible for the bid for a UK Cellular Network licence. The Mobile Telecoms division was de-merged, and was floated on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 in October 1988 and Sir Gerald became Chief Executive of Racal Telecom plc. Over the next few years the company grew to become the UK's Market Leader, changing its name to Vodafone Group plc in the process.

Sir Christopher Gent
Chris Gent
Sir Christopher Charles Gent is a British businessman, He is the former chief executive officer of Vodafone, a British mobile phone company. He is currently the chairman of GlaxoSmithKline, the world's second largest pharmaceutical, biological, and healthcare company.-Early life:Born in 1948 in...

 took over as Chief Executive in January 1997, after Sir Gerald's retirement. Sir Christopher was responsible for transforming Vodafone from a small UK operator into the global behemoth that it is today, through the merger with the American AirTouch and the takeover of Germany's Mannesmann, the Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

 chief advisor on the deal was Scott Mead
Scott Mead
Scott Mead is a photographer, financier and philanthropist. He is co-founder of Richmond Park Partners, a private merchant bank in London. He was formerly a partner and managing director of Goldman Sachs ....

.

Arun Sarin
Arun Sarin
Arun Sarin was the CEO of Britain's Vodafone Group plc. On June 29, 2008, he announced his resignation as CEO of Vodafone Group. He is a senior adviser at the private equity firm KKR. He serves on the board of directors of Cisco Systems and Safeway, Inc...

 was the driving force behind the Company's move into emerging markets such as Asia and Africa, through the purchases such as that of Turkish operator Telsim, and a majority stake in Hutchison Essar in India. Faced with increased competition, and penetration rates above 100% in the more mature European markets, he saw it necessary to diversify from being a mobile-only business into a company which provided all telecommunications services. This has seen Vodafone launch DSL and other fixed-line services in markets such as Germany and the UK.

Financial results

Vodafone reports its results in accordance with International Financial Reporting Standards
International Financial Reporting Standards
International Financial Reporting Standards are principles-based standards, interpretations and the framework adopted by the International Accounting Standards Board ....

 (IFRS).

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, e.g. 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
Earnings per share
Earnings per share is the amount of earnings per each outstanding share of a company's stock.In the United States, the Financial Accounting Standards Board requires companies' income statements to report EPS for each of the major categories of the income statement: continuing operations,...

 (pence)
Proportionate customers (m)
2010 44,472 8,674 8,618 16.44 341.1
2009 41,017 4,189 3,080 5.81 302.6
2008 35,478 9,001 6,756 12.56 260
2007 31,104 (2,383) (5,297) (8.94) 206.4
2006* 29,350 (14,835) (21,821) (35.01) 170.6
2005 34,073 7,951 6,518 9.68 154.8
2004 36,492 9,013 6,112 8.70 133.4

*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 group's recent first quarter trading update (24 July 2009) saw management reiterating its profit guidance for the full year. Whilst revenues across Europe had been relatively weak, mirroring general economic conditions, there had been a positive showing from South Africa, with the company's Indian purchase of Hutchison Essar continuing to generate returns. Meanwhile, its joint venture with Verizon in the US had strengthened further, with Vodafone's overall customer base now standing at 315 million – 8 million having been added during the first quarter. In addition, management noted that its cost reduction programme, targeted to save £1bn in operating costs by the end of the 2011 financial year, would reach 65pc of its target by the end of the current financial year. The Group admitted in August 2010 that £1.25 billion in tax that should have been paid in Britain was actually paid in Luxembourg and elsewhere.

Awards and recognition

The Brand Trust Report
The Brand Trust Report
The Brand Trust Report, India Study, 2011 is published by Trust Research Advisory . The book is a result of a syndicated primary research on Brand Trust that generated 10,00,000 data points and 16,000 unique brands from over 10,000 hours of fieldwork conducted in 9 cities TRA’s study partners in...

, 2011 published by Trust Research Advisory has ranked Vodafone as the 16th most trusted brand in India.

Criticisms

In September 2010, an investigation by Private Eye
Private Eye
Private Eye is a fortnightly British satirical and current affairs magazine, edited by Ian Hislop.Since its first publication in 1961, Private Eye has been a prominent critic and lampooner of public figures and entities that it deemed guilty of any of the sins of incompetence, inefficiency,...

 magazine revealed certain details of Vodafone's tax avoidance activities. It was reported that Vodafone routed the acquisition of Mannesmann
Mannesmann
Mannesmann AG was a German corporation with headquarters in Düsseldorf. The company was founded in 1890 originally to produce seamless steel tubes. It was traded on the Frankfurt Stock Exchange. The company had 130,860 employees worldwide and revenues of €23.27 billion.Over time, Mannesmann...

 through a Luxembourg subsidiary, set up to avoid paying tax on the deal, and continued to place its profits in Luxembourg. Following a long legal struggle with HMRC (during which a senior HMRC official, John Connors, switched sides to become head of tax at Vodafone), it was eventually agreed that Vodafone would pay £1.25bn related to the acquisition. Based on Vodafone's accounts, experts have estimated the potential tax bill written off as a result of the negotiations was over £6bn.

The news of this legal tax avoidance
Tax avoidance
Tax avoidance is the legal utilization of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law. The term tax mitigation is a synonym for tax avoidance. Its original use was by tax advisors as an alternative to the pejorative term tax...

 sparked angry protests, beginning in October 2010 and ongoing as of April 2011, outside Vodafone shops across the UK, organised under the banner of UK Uncut
UK Uncut
UK Uncut is a United Kingdom-based protest group established in October 2010 to protest against tax avoidance in the UK and to raise awareness about cuts to public services. Various sources have described the group as left-wing in its political orientation...

. The first protests caused the simultaneous closure of over a dozen stores, including the flagship Oxford St. branch.

Vodafone was also assessed a $2.5 billion tax over its acquisition of Hutchison Whampoa's Indian assets in 2007, a demand that it contests.

Vodafone was implicated in the violent suppression of pro-democracy protests in Egypt's 2011 demonstrations. On 27 January, Vodafone, responsible for much of Egypt's telecommunication infrastructure, shut off all voice and data services for Egyptian citizens and businesses at the request of the Egyptian Government under Hosni Mubarak
Hosni Mubarak
Muhammad Hosni Sayyid Mubarak is a former Egyptian politician and military commander. He served as the fourth President of Egypt from 1981 to 2011....

. The Daily Telegraph of the UK reported, "The Egyptian government’s action is unprecedented in the history of the internet." U.S.-based Internet intelligence firm Renesys stated, "in an action unprecedented in Internet history, the Egyptian government appears to have ordered service providers to shut down all international connections to the Internet." Vodafone Group CEO Vittorio Colao said the company was obliged by law to comply with the instructions of the Egyptian government. In the company’s annual general meeting, on 26 June, the campaign groups Access and FairPensions
FairPensions
FairPensions is a registered charity that promotes responsible investment bypension schemes and fund managers. It is based in London, United Kingdom....

asked Vodafone to endorse a plan to prevent facing similar demands in the future.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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