Vodafone 2000 Annual Report Download - page 59

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Vodafone AirTouch Plc Annual Report & Accounts for the year ended 31 March 2000 57
Joint Ventures, Associated Undertakings and Investments
Vodafone AirTouch Plc had at 31 March 2000 the following principal joint ventures, associated undertakings and investments:
Principal joint ventures
Vodafone AirTouch Plc’s joint ventures are partnerships. The country of incorporation or registration is also their principal place of operation.
Latest Country of
Percentage(1) financial incorporation
Name Activity partnership interest accounts or registration
CMT Partners( 2) Cellular network operator 46.9 31.12.99 USA
Primeco Personal Communications, LP( 2) Cellular network operator 49.8 31.12.99 USA
(1) To nearest tenth of one percent.
(2) The registered or principal office of both joint ventures is c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, Delaware, 19801 USA. The Group’s investment in these
ventures is subject to a partnership arrangement that confers joint control.
Principal associated undertakings
Vodafone AirTouch Plc’s principal associated undertakings all have share capital consisting solely of ordinary shares, unless otherwise stated, and are all
indirectly held. The country of incorporation or registration of all associated undertakings is also their principal place of operation.
Latest Country of
Percentage(1) Par value of financial incorporation
Name Activity shareholding issued equity accounts or registration
Airtel Mobil SA Cellular network operator 21.7 PTS 78,016.7m 31.12.99 Spain
Belgacom Mobile SA Cellular network operator 25.0 BEF 2.82m 31.12.99 Belgium
Celtel Limited Cellular network operator 36.8 Shilling 608m 31.3.00 Uganda
J-Phone Chugoku Co., Limited Cellular network operator 21.7 Yen 50,000 31.3.00 Japan
J-Phone Hokkaido Co., Limited Cellular network operator 23.3 Yen 50,000 31.3.00 Japan
J-Phone Hokuriku Co., Limited Cellular network operator 23.9 Yen 50,000 31.3.00 Japan
J-Phone Kansai Co., Limited Cellular network operator 20.2 Yen 50,000 31.3.00 Japan
J-Phone Kyushu Co., Limited Cellular network operator 22.2 Yen 50,000 31.3.00 Japan
J-Phone Shikoku Co., Limited Cellular network operator 21.4 Yen 50,000 31.3.00 Japan
J-Phone Tohoku Co., Limited Cellular network operator 23.5 Yen 50,000 31.3.00 Japan
J-Phone Tokai Co., Limited Cellular network operator 20.2 Yen 50,000 31.3.00 Japan
J-Phone Tokyo Co., Limited Cellular network operator 28.8 Yen 50,000 31.3.00 Japan
Mannesmann Mobilfunk GmbH Cellular network operator 34.8 DEM 405m 31.12.99 Germany
Mobifon SA Cellular network operator 20.1 ROL 1,713,027.67m 31.12.99 Romania
Omnitel Pronto Italia SpA Cellular network operator 21.6 ITL 594,293.8m 31.12.99 Italy
Polkomtel SA Cellular network operator 19.6 PLN 1,500m 31.12.99 Poland
RPG Cellcom Limited Cellular network operator 49.0 Rupees 490.9m 31.3.00 India
RPG Cellular Services Limited Cellular network operator 20.6 Rupees 9.6m 31.3.00 India
Société Française du Radiotéléphone SA Cellular network operator 20.0 964.25m 31.12.99 France
Vodafone Fiji Limited Cellular network operator 49.0 F$ 6 million 31.12.99 Fiji
Vodacom Group (Pty) Limited Holding company 31.5 Rand 100 31.3.00 South Africa
(1) To nearest tenth of one percent.
Principal investments
The shareholdings in investments consist solely of ordinary shares and are indirectly held. The principal country of operation for the investments is the
same as the country of incorporation or registration.
Country of
Percentage(2) incorporation
Name Activity shareholding or registration
Globalstar LP(1) Development and operation of 8.2 USA
satellite telecommunications service
Mannesmann AG Cellular network and fixed line 98.6 Germany
telecommunications, engineering, automotive
and steel tubes and tubular products
Mannesmann Arcor AG & Co Fixed line operator 3.7 Germany
Shinsegi Telecom, Inc Cellular network operator 11.7 South Korea
(1) Partnership interest.
(2) To nearest tenth of one percent.