Vodafone Idea Ltd · NSE:IDEA
Vodafone Idea — Investor Presentation (June 2025)
36 slides from Vodafone Idea's investor presentation, Jun 20, 2025
Slide 1: Regulation 30 disclosure cover letter
20 June 2025 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 Sir, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) R
Slide 2: Vodafone Idea Limited June 2025
Vi Vodafone Idea Limited June 2025
Slide 3: C2 – Vodafone Idea Internal
C2 – Vodafone Idea Internal
Slide 4: VIL: An Overview
VIL: An Overview Extensive network ~8,030 MHz Spectrum holdings” ~195,300 Unique locations ~494,600 Broadband sites ~317,500 km OFC? Source: Company filings , data as of March-31, 2025 (1) Includes 17.6 MHz of non-liberalized spectrum. Liberalized spectrum is spectrum freely usable towards deploymen
Slide 5: Competitive and adequate spectrum to fuel growth
Competitive and adequate spectrum to fuel growth Spectrum Holding per mn subs! - unpaired basis (MHz) o1 6.5 i 5 Spectrum excl 5G per mn subs All spectrum which can be utilised towards 4G* Spectrum (MHz? 1,812.8 2,338.4 1,920.8 Subscribers (Mn)? 198.2 361.6 488.2 ™ Vodafone ldea Mi Bharti Airtel Mf
Slide 6: o o C2 – Vodafone Idea Internal
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Slide 7: Strong parentage and shareholding post Government conversion
◼ VIL has strong parentage, Aditya Birla Group and Vodafone Group being the promoters ◼ In addition to being the policy maker and largest creditor, Government of India owns ~49%1 equity stake post the conversion of — debt representing NPV (~Rs 161.3 bn) of interest arising from deferment of AGR and
Slide 8: C2 – Vodafone Idea Internal
C2 – Vodafone Idea Internal
Slide 9: Growth potential in the Indian telecom sector (1/2)
Growth potential in the Indian telecom sector (1/2) India is expected to become the third largest economy by 2028 Large and growing population - Real GDP growth YoY (%)and Population growth YoY (%)! —* RealGDPGrowth [NN Population Growth Ranking of top 5 economies based on Nominal GDP! 11% 10% 1.0%
Slide 10: Growth potential in the Indian telecom sector (2/2)
Broadband Subscribers! (mn) Smartphone adoption? in India Projected smartphone adoption? Penetration by access technology” (Mar’25) ~22x more wireless broadband subscribers Wireline 1. Source: TRAI Subscription Report Mar'26. ~903 Wireless (% of population - Mar end) 65% 61% 63% 56% 58% 2021 2022 20
Slide 11: C2 – Vodafone Idea Internal
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Slide 12: Market structure providing clear runway for market repair
Market structure providing clear runway for market repair Market structure that encourages healthy competition Aircel Sistema Reliance 7.8% 0.4% Comms 71% BSNL+MTNI 8.9% CMS Mar 2017! >10 operators Tata 4.2% Cae Significant growth potential for Telecom Revenue Gross Revenue (Rs BnP FY13 to FY25 - CA
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C2 – Vodafone Idea Internal
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Slide 15: Focused investments to drive coverage & capacity expansion
EiFocused investments to drive coverage & capacity expansion Focused network investment in 17 priority circles ..driving 4G coverage expansion... Applicable Gross revenue market share FY25 (%)! i ca son Pre-Merger I Ee (4.4%) el 33%, > o (6) Gujarat a 26% 05.0%) ae vodafone rs ois —[-——<—<———s. => S
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Slide 24: Accelerating IoT with end-to-end solutions
ElAccelerating loT with end-to-end solutions Scaling up the value chain loT Constituents Applications, Data Analytics & Consulting Platforms Network & Managed ‘Communication Hardware Connectivity loT market to expand, VIL well pos’ . First telco to have end-to-end Integrated loT offering, comprising
Slide 25: C2 – Vodafone Idea Internal
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Slide 26: Awards & Accolades
Awards & Accolades 2023 ————_o—_____—_—_—___“—“_—__ See CIO Choice Award ET Brand Equity Cloud Telephony, loT, SD-WAN DG+ Awards Services, Carrier (Mobile Access), Digital Campaign in B2B Carrier (International Access), Category’ for RBM, ReadyForNext Assessment ReadyForNext initiative for MSMEs 5m
Slide 27: Vodafone Idea's digital propositions & integrated platform
ZiVodafone Idea’s digital propositions & integrated platform VIL CUSTOMER OFFERINGS DYNAMIC PLATFORM WITH DEEP INTEGRATION CAPABILITY VIL PARTNERS Consumer Business Business Services, SME, SoHo INTEGRATED ‘@ T ver ee & tv i loT Digital Engagement offerings ViWebsite Builder Broadband °!9 ee a Workfo
Slide 28: C2 – Vodafone Idea Internal
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C2 – Vodafone Idea Internal
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Slide 32: Key operating and financial trends
Key operating and financial trends Consistent Growth in 4G Subscribers (Million) Data Volume (Billion MB) Overallsubs H 4G subs e166 6,111 ; 6,049 5,992 5,859 : : : . a [ a | | Qary24 QIFY2s QaFY25 Q3FY25 Qary25 arve4 QIFY25 QaFY25 QaFY26 Qary25 Improving Customer ARPU (ex-M2M) (Rs) Revenue & EBITDA
Slide 33: Rating movement
Aug'21 Feb'22 Jun'24 Apr'25 B+ BB+ BBB- B- (Outlook (Outlook (Outlook (CWN) Stable ) Stable) Stable) Rating movement -2N +2N +3N +1N BBB- – – – (Outlook Stable) C2 – Vodafone Idea Internal
Slide 34: Glossary
Glossary MHz Mega Hertz TDD Time Division Duplex OFC Optical Fibre Cable MW Microwave IRU Indefeasible Right to Use ORAN Open Radio Access Network ARPU Average Revenue Per User Per Month vRAN Virtual Radio Access Network NPV Net Present Value NSA Non-Standalone AGR Adjusted Gross Revenue M2M Machine
Slide 35: Disclaimer
Disclaimer This presentation (‘Presentation’) is issued by Vodafone Idea Limited (the “Company’) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needsof any particular person. This Presentation does not constitute any recommenda
Slide 36: C2 – Vodafone Idea Internal
C2 – Vodafone Idea Internal