Vodafone Press Release: Annual Results for FY 15

VODAFONE INDIA FULL YEAR FY15 RESULTS

· Vodafone India is over INR 42,000 crores company by revenues; second largest MNC in India

· Strong Service Revenue growth and further improvement in EBITDA margin %

· Robust growth in Data, contributing 15% of service revenues (Q4 FY15)

· Higher capex focusing towards network expansion and future growth areas

· Amongst the largest global networks with 130,000+ sites

· Fresh equity infusion of INR 6000 crores, reaffirming commitment to the country

· India significant contributor to Vodafone Group

· Highest contributor to Group Service Revenue growth

· Largest data traffic market by volume

· 3rd largest contributor to Group Service Revenues

Key FY15 KPI’s

· SERVICE REVENUE AT INR 42,352 crores, UP BY12.6 %

· DATA (BROWSING) REVENUE AT INR 5,690 crores, UP BY 65.5 %

· HEALTHY EBITDA MARGIN AT 29.6%

Good Momentum in Operations

· A base of around 184 million customers (growth of 10.4% YoY) serviced through a network of over 130,000 sites, of which over 35,000 are 3G sites.

· Substantial rural presence with a customer base of nearly 97.9 million in FY15 (53% of total customer base)

Robust Performance in Data Driving Growth

· Data (Browsing) revenue at INR 5,690 crores in FY15, 65.5% growth YoY

· Strong uptake of Data continues with 40 million Data users with greater than 1MB usage (Mar ’15 exit)

· Over 175% growth in 3G users from 7 million (FY14) to 19.4 million (FY15), reflecting the focus on 3G

Vodafone Business Services (VBS) –a Robust, fully structured, Total Telecommunications Service Provider

· Expanding customer base to 6 million + corporate customers (Mar ‘15 exit)

· VBS grew at 22% overall YoY; led by accelerated growth in SME business.

· Access to over 625,000 km of global fiber assets post Cable and Wireless integration

· New Government vertical of VBS is actively engaged with Public Sector Enterprises and State Governments

· contributing to the Digital India vision.

M-Pesa, a new currency for India - Driving Financial Inclusion

· Pan-India footprint, largest banking business correspondent in the country with close to 90,000 authorised

· agents (greater than 90% of all bank branches in India), of which 58% are in rural areas (March 2015 exit)

· A base of over 3 million registered accounts/customers, doing over 100K transactions/day.

· Money Transfer transactions contribute over 60% of overall transactions

· Launched M-Pesa App as a key business differentiator, to enable convenient payment of bills & recharging on

· the move