Vodafone Idea Ltd · NSE:IDEA
Vodafone Idea — Investor Presentation (November 2021)
32 slides from Vodafone Idea's investor presentation, Nov 29, 2021
Slide 1: Exchange filing cover letter: Investor Presentation
29 November 2021 National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, Phiroze Jeejeebhoy Towers, Bandra - Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Dear Sirs, Sub: Investor Presentation Ref: “Vodafone Idea Limited” (IDEA / 532822) Pursuant to Regula
Slide 2: Vodafone Idea Limited
VI Vodafone Idea Limited
Slide 3: Company Overview
Company Overview
Slide 4: Vodafone Idea Limited: An Overview
Vodafone Idea Limited: An Overview Spectrum holding Unique Locations Broadband sites Fibre [> 2e7c00 |: MM 2srion mmm </> I 2c TE Enhanced coverage . 9 Subscriber base 4G coverage L 2G coverage Across towns & villages L900 #1 #1 1 sub-GHz 46 RA ~ 65,000 (C0) cists argest massive Bd esiercectecce De
Slide 5: Market share of Indian telecom operators
Others 5.8% 43.3% Vodafone Idea 45.6% 44.2% 23.7% 31.9% Jio 35.7% 15.9% Bharti Airtel 9.0% 10.2% 34.8% Bharti Vodafone Jio BSNL Bharti Vodafone BSNL Airtel Idea Airtel Idea
Slide 6: Spectrum holding by band
1,086 • 282 400 • Sub-GHz Supra-GHz TDD (800/900) (1,800/2,100) (2,300/2,500) • 977 790 326 Sub-GHz Supra-GHz TDD • (800/900) (1,800/2,100) (2,300/2,500) 880 • 410 442 Sub-GHz Supra-GHz TDD (800/900) (1,800/2,100) (2,300/2,500)
Slide 7: Strong Brand, Extensive Reach and Array of Digital Assets
Strong Brand, Extensive Reach and Array of Digital Assets L] One of the most trusted Indian brands e Together For Tomorrow *Over 2 decades of operations backed by strong brand recall and management with global expertise * Strong new unified brand brings together the power of two networks — Vodafone
Slide 8: Growth Opportunities
Growth Opportunities
Slide 9: Growth comparison across countries
1,379 1,414 2016-20 CAGR 2020-23 CAGR 9.7% 10.4% 9.8% 10.7% 7.3% 7.5% 5.9% 3.8% 3.7% 2.8% 0.1% 330 212 146 67 -5.3% India China US Brazil Russia UK India China Russia US UK Brazil
Slide 10: Enormous growth potential in the Indian telecom sector
Enormous growth potential in the Indian telecom sector Mobile broadband is the primary medium to access the internet in India... ..and is well placed to continue its strong growth trajectory... «given a large proportion of 2G/3G subscribers still to migrate to 4G... «and low 4G penetration relative
Slide 11: Digital Revolution in India offers unlimited growth opportunities
Digital Revolution in India offers unlimited growth opportunities Key trends and enablers Rapid digitalization of Indian market on the back of increasing smartphone usage Key Trends * Digital India vision + Digital infrastructure to every citizen * Governance and services on demand * Digital empower
Slide 12: Industry structure and ARPU comparison
Aircel MTS Others 39.6 5% 1% 1% BSNL + MTNL 8% 20.0 7.3 Vodafone 4.5 4.8 Reliance 20% Comms 1.8 15% Idea India Brazil Russia China UK US 17% Uninor 3% Bharti Airtel Tata 25% 6% 3.35 Others 1.82 5.8% Vodafone 0.66 0.67 0.78 Idea 23.7% 0.13 Jio India China Russia Brazil UK US 35.7% Bharti Airtel 34.8%
Slide 13: Government relief measures: moratorium on AGR and spectrum instalments
• 4 years of Moratorium for AGR instalments and Spectrum Instalments due between Oct’21 and Sep’25 • VIL opted for deferment of AGR and Spectrum instalments for 4 years • Deferral of spectrum dues will result in liquidity of ~Rs. 589 billion over a period of 4 years (~Rs.147 billion annually).In dis
Slide 14: VIL Strategy
VIL Strategy
Slide 15: Vodafone Idea Strategy
Vodafone Idea Strategy Focused network investments for superior customer experience i, A * Investment focused in 17 circles to improve competitiveness in priority markets * 4G coverage and capacity expansion to enhance customer experience and choice * Deploying an array of 5G concepts and technologi
Slide 16: Focused investments to drive coverage & capacity expansion
EHiFocused investments to drive coverage & capacity expansion Focused network investment in 17 priority circles ..driving 4G coverage expansion... Gross revenue market share Q2FY22(%)' % total industry gross revenue as of Q2FY22 Pre-Merger Kel 41%, EK, P Mob a 29% O vodafone Haryana 31% Maharashtra
Slide 17: Focused investments in priority circles
HiFocused investments in 17 priority circles Pan India 4G population coverage (bn) Pan India network build capacity (PB/day) Key actions /targets by FY24 * 4G population coverage in priority circles expected to increase from ~83% in Mar 2020 to ~90%+ in Mar 2024 * Re-farming 900 MHz to 4G leading to
Slide 18: Existing award winning network built on 5G-ready architecture
EIExisting award winning network built on 5G-ready architecture RADIO 5G ready radio deployments * 90% of TDD radios are * India’s largest 5G ready deployment of Massive + Allnew basebands are MIMO 5G capable + Dynamic spectrum 0 GezahNctsatamentts refarming to 4G/5G . * 900 and 2100 MHz © Sei niLRD
Slide 19: Market initiatives to drive ARPU improvement
Build consumer confidence around the new integrated network that delivers a superior experience backed by strong claims — India’s Fastest 4G network Drive aggressive Communication to dial up a suite of propositions to help drive differentiation and consideration for Vi Create a strong position for t
Slide 20: Supported by digitalisation of customer servicing & distribution
HiSupported by digitalisation of customer servicing & distribution Digitally enabled customer service Digital tools for sales and distribution * Dynamic IVR resulting in industry best closure of customer queries * Digital connect with retailers, promotors and distributors through apps . like m-Power
Slide 21: Led by Connectivity: enterprise solutions
Led by Connectivity * ViBusiness Plus Mobility with advanced * Driving/ enabling digital adoption in solutions like Google Workspace, location tracking, mobile security SMEs & SoHos * Digital offerings such as Cloud * End to end managed Mobility services Telephony solution, Vi Website Builder * Digi
Slide 22: Accelerating IoT with end-to-end solutions
El Accelerating loT with end-to-end solutions Opportunity to expand VIL’s presence in enterprise loT VIL’s Integrated loT solutions - end to end solutions to capture future growth loT Constituents! VIL’s estimated loT position? Applications, Data Cc - i ir et onnectivity market Analyties & Consultin
Slide 23: Partner of choice in provision of end to end cloud services
EiPartner of choice in provision of end to end cloud services Integrated multi cloud platform enabling public, private and edge cloud services Key Strategic Focus Areas in Cloud services Customer ecosystem Vi Created across large enterprises, SME, startup ecosystem Public Cloud | Cloud provider ecos
Slide 24: Vodafone Idea's digital propositions & integrated platform
HiVodafone Idea’s digital propositions & integrated platform VIL CUSTOMER OFFERINGS DYNAMIC PLATFORM WITH DEEP INTEGRATION CAPABILITY VIL PARTNERS Consumer Business Business Services, SME, SoHo INTEGRATED YOU °, mevies eT Gierbere — &tv StrongloT Digital GIESSEMETE afters SMB Digitalisation Broadban
Slide 25: Drive affinity amongst youth & win share
• Drive affinity amongst youth & win • share • • • • • • • •
Slide 26: Monetization through digital initiatives & partnership opportunities
Digital apps with advance billing systems for dynamic charging Digital ‘Apps Real estate including ~3k owned stores Physical for a physical in-shop experience Presence Big Data & Machine Learning ws Capabilities Digital & other operating assets Cloud /loT Position Largest edge cloud deploymentin Ind
Slide 27: Q2FY22 Update
Q2FY22 Update
Slide 28: Key Operating Trends
Key Operating Trends Subscriber Base Consistent Growth in 4G Subscribers Million | Subs decline arrested to a large extent post clarity on AGR matter and launch of | unified brand, QIFY22 was impacted by 24 wave of COVID 272 270 268 255 253 Qarvat QsFy2i Qaryat QiFy22 Qarva2 Broadband Sites (‘000) V
Slide 29: Quarterly Results
Quarterly Results Revenue 91.5 EBITDA (pre-Ind AS 16 13.8 Capex 9.4 Net debt 1,906.7 ‘Source: Company Disclosures as of Sep-2021 94.1 15.6 13.0 1,945.3 Q2FY22 revenue grew by 2.8% QoQ supported by the gradual resumption of economic activity post severe second wave of COVID, which had negatively impa
Slide 30: Operating Leverage
Operating Leverage Opportunity for ARPU recovery towards historical levels with much higher offerings... . along with cost optimization could drive significant EBITDA margin upside Voice per Data per sub(min) | sub (GB) Q2FYI7 (pre-Jio ~170 ~375 ~0.6 GB entry) Qary22 . . (Guaven) 109 630 15 GB Possi
Slide 31: Disclaimer
Disclaimer This presentation and accompanying slides (the "Presentation") has been prepared by Vodafone India Limited ("Company") and isnot for release, distribution or publication, whether directly or indirectly, in whole or part, into or in any jurisdiction in which such release, distribution or p
Slide 32: Thank You
Thank You
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