About Vodafone Idea Ltd. FPO Limited

3^rd largest telecommunications service provider in India ( as per subscriber base). According to the GSMA Intelligence Database, the company is 6^th largest cellular operator globally in terms of number of subscribers in a single country of operations. Through pan India network, they offer voice, data, enterprise and other value-added services (“VAS”), including short messaging services and digital services across 2G, 3G and 4G technologies.

The company offers connectivity services to enterprise customers holding active licenses for national long distance (“NLD”), international long distance (“ILD”) and internet service provider (“ISP”), and registration for infrastructure provider (“IP-1”) services.

For the quarter ended December 31, 2023, applicable gross revenue (“ApGR”) market share was 17.79% of the Indian mobile telecommunications services industry & had over 223.0 million subscribers and a subscriber market share of 19.3%. The company carried approximately 401 billion voice minutes and approximately 6,004 billion MB of data on network.

Promoters are part of the Aditya Birla group and the Vodafone group: Aditya Birla group is one of the largest business groups in India and a leading global conglomerate. Having a presence in 40 countries across diverse sectors such as cement, metals and mining, mobile telecommunications, fashion retail, financial services, textiles, carbon black, trading, chemicals, renewables, paints, real estate and jewellery retail.

Vodafone group is the largest pan-European and African telecommunications company. Group provides mobile and fixed services to over 300 million customers in 17 countries and has collaborations with mobile networks in 45 other countries. The Vodafone group also has one of the world’s largest Internet of Things (“IoT”) platforms.