Vodafone Idea Ltd · NSE:IDEA
Vodafone Idea — Investor Presentation (January 2026)
32 slides from Vodafone Idea's investor presentation, Jan 28, 2026
Slide 1: Regulation 30 cover letter to exchanges
28 January 2026 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
Slide 2: Management Presentation, Mumbai, 28 Jan 2026
VI L MANAGEMENT PRESENTATION M UM BAI, 28 TH JAN 2026
Slide 3: Disclaimer
Di scl ai mer Thi spr esentati on(“Pr esent ati on”)i sissuedbyVodaf oneIdeaLimi t ed( t he“Company” )f orgenerali nfor mat ionpur posesonly,wi thoutr egardt oanys pecif icobjecti ves,s uit abili ty,f inancialsit uat i onsandneedsofanypar ti cularpers on.ThisPresentat i ondoesnotcons ti tuteanyr eco
Slide 4: Strong leadership team with rich cross-industry experience
s trongl eader shi pteam wi thr ichcr oss -indus tryex per ience ABHI JI TKI SHORE TEJ ASMEHTA J AGBI RSI NGH AVNEESHKHOSLA ARVI NDNEVATI A GURUCHARAN AMBIKAKHURANA PANKAJKAPDEO RANJ ANSHARMA Chi efEx ecut iveOf fi cer Chi efFi nanci alOf fi cer Chi efT echnol ogyOf fi cer Chi efMar ket ingOf fi cer
Slide 5: Why are we here today
whyarewe her etoday … r ecentdev elopment s gl i mps esofourbus ines s wayf orwar d
Slide 6: Recent developments paving the way for a strong future
recentdevel opments pavingthewayforas trongf utur e
Slide 7: AGR dues fixed and payment schedule
r ecentdev elopment spavi ngt hewayf oras trongf utur e Duesfi xedat₹87,695Cr( asof December31,2025) Payments chedul e: •₹124Crpery earf ornext6years i .e.FY26toFY31 •₹100Crpery earf orfol lowi ng4y ear s i .e.FY32toFY35 •BalanceAGRpaymenti n6equal i ns tal mentsbetweenFY36andFY41 Reas ses smentoft
Slide 8: AGR judgement loomed large over Vi
AGRj udgementl oomedl argeov erVi CUSTOMERLOSS FUNDI NG CUSTOMERCONFI DENCE I NVESTMENT BRANDPERCEPTI ON NETWORKEXPERI ENCE
Slide 9: We focused on building our strengths
wefocus edon bui ldi ngours trengt hs CUSTOMER DIFFERENTI ATED BRAND ENTERPRI SEPLAY OBSESSI ON PROPOSITIONS
Slide 10: Operational and financial efficiency: lenders and partners; bank debt repaid
oper ful fi l at l ional &f edourli i nanci abili ti al est effi ci owar ency ds ₹36, 500Cr l ender s&par tners wo hofbankdebtr epai d
Slide 11: Equity infusion by promoters
₹27 ,000Cr equi tyi nfus ionbypr omot ers
Slide 12: Investment post FPO
INVESTMENT POST FPO inconsistent investment impacted deployment FPO funds paved the way for network expansion C2 – Vodafone Idea Internal
Slide 13: Investment post FPO: network expansion metrics
investment post FPO Rs 16,000 Cr 1,17,000 100 Mn +43% +22% 43 Invested post FPO New Broadband Sites Incremental Incremental Increase in Cities with Population Data avg data 5G Coverage Capacity speeds (vs Mar’24) C2 – Vodafone Idea Internal
Slide 14: Consistent and right investment helping to stem customer loss
INVESTMENT POST FPO consistent & right investment helping to stem the customer loss Cumulative Subs Loss Cumulative Subs Loss 13.2 Mn 14.4 Mn Cumulative Subs Loss 5.3 Mn C2 – Vodafone Idea Internal
Slide 15: How has the investment yielded results?
Rev enuegr owt h:Dec’ 25v sDec’ 24 howhast he i nvestment +5. 7% - 3.3% +3. 0% yi eldedresul ts? I nvest ed Res tof Pan Si tes* Networ k I ndi a al *lci rcl ess howi ngpos iti vegr owt h
Slide 16: Consistent and right investments showing outcomes: Maharashtra
Mahar asht ra cons ist entandr ighti nves tments howi ngout comes AFTER BEFORE
Slide 17: Consistent and right investments showing outcomes: UP East
UPEas t cons ist entandr ighti nves tments howi ngout comes AFTER BEFORE
Slide 18: Investments starting to show outcomes
investments starting to show outcomes 6 out of 7 KPIs moving in the right direction C2 – Vodafone Idea Internal
Slide 19: Beginning of a new era for Vi
key challenges behind us … begi nni ngofanewERAf orVi
Slide 20: Vi's inherent strengths make for a strong foundation
Vi ’sinher entstrengt hsmakef or as t r ongf oundati on •3decades •₹8030MHzs pectr um ofex peri ence •3. 3LakhKm fibre App •1. 98Lakhs ites •1. 2Bnpopulati oncov ered •4.87Lt owns&v i l lages •2, 600+ex cl usi ves tores •7. 5L+retai loutl ets
Slide 21: Reimagining Vi: from survival to strength
FRO M SURVIVAL TO STRENG TH FRO M INTENT TO IM PAC T r eimagi ning
Slide 22: Next 3 years of Vi: key deliverables
next3y ear sofVi KEY DELI VERABLES 3 1 SUSTAI Subs cr NED i berAddi ti on 2 DOUBLEDI Rev GI enueGr T owt h 3 THRI Cas CE hEBI TDAi n3y ear s 2 1
Slide 23: Investment in next 3 years
₹45, 000Cr i nves tmenti nnext3y ear s
Slide 24: Aggressive network rollout: 7-5-5 strategy
aggr ess ivenet wor krol lout 1 7-5- 5St rat egy ✔ Regai ningcov eragepar ityi n17pr ior itymar ket s ✔ 5othermarketstohave100%2G=4G 1 00%cov erageonnat ional highway s,keys tat ehi ghway s,ai rpo s ,pl acesofi nter est ✔ Seamless5Gexperienceacrossur banmarkets y sonl nes ✔ Satcom toexpandcoveragein
Slide 25: Project Vishwas: service as a differentiator
Pr ojectVi shwas SUPERAGENTS s ervi ceasadi ffer ent iat or i @50 GenAI I ntel l i +Emot gencef i onal orelev ati ng cont actcent reexperi ence Human+AI l ed, i nter act +29%r i ons@50% educt ioni nYTDFY26 ef for tles sexper ience ZI C VOI CEBI OMETRI C Zer oInter acti onComplai nts ForSecure,Fr ict
Slide 26: Differentiated propositions
t dif f cons odri er v enti epr at umerpr ed emi opos umi i z ti ati ons on * Ji oCapexnosi snotav ail abl einqua er lyr epo s ;formobi l it ybus ines sonl y
Slide 27: Change is upon us and Vi is ready
changeisuponus andViisready! Acat egorythat ’sr ipefor Abrandthat ’sr eadyt o Shi ftfrom t ransacti ons r epai r&re-eval uat ion makeitr ight toenduri ngrelati onshi ps
Slide 28: Be the trusted partner for enterprises
bethetrus tedpar tner forEnt erpri ses power ingcli ents’ busi nes ses i nadigit aleconomy
Slide 29: Translating people momentum into great execution
t ransl atingPEOPLEmoment um i ntogreatEXECUTION cutti ngedgetal ent highowners hip, execut ionfi rstcul ture futur efi t conti nuetobethemost‘res pectfulworkpl ace’
Slide 30: Employee first, customer always
employeefi rst ,customeral ways , experi encei sev er ythi ng.
Slide 31: What gives us confidence?
whatgi vesusconf idence ? AGRt oFundi ng Ex ecut ionCapabi l iti es I nves tmentt oPer for mance Di ff erent iat edSt rengt hs PEOPLE| SERVI CE| PRODUCT| DIGI TAL Compel l ingBr andNar rat ive
Slide 32: Next 3 years of Vi
next3y ear sofVi KEY DELI VERABLES 3 1 SUSTAI Subs cr NED i berAddi ti on 2 DOUBLEDI Rev GI enueGr T owt h 3 THRI Cas CE hEBI TDAi n3y ear s 2 1