Vodafone 2006 Annual Report Download - page 15

Download and view the complete annual report

Please find page 15 of the 2006 Vodafone annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 152

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152

Vodafone Group Plc Annual Report 2006 13
Summary of Group mobile telecommunications businesses at 31 March 2006(1)
Registered
Venture Venture proportionate Registered
Percentage customers(4) customer customers prepaid
Country by region(2) ownership(3) (’000) growth (%)(5) (’000) prepaid (%)(6) Names of significant mobile competitors (7)
Germany 100.0 29,191 7.2 29,191 53.3 E-Plus, O2 , T-Mobile
Italy(8) 76.9 24,056 6.9 18,490 92.2 TIM, Wind, 3
Spain 100.0 13,521 17.9 13,521 50.4 Amena, Telefónica Móviles, Xfera(9)
UK 100.0 16,304 6.4 16,304 61.1 Orange, O2, T-Mobile, 3, Virgin Mobile
US(10) 44.4 53,020 16.7 23,530 5.5 National operators(11): Cingular Wireless,
Sprint Nextel, T-Mobile
Other mobile operations
Subsidiaries
Albania 99.9 773 19.1 772 96.8 AMC
Australia 100.0 3,177 16.3 3,177 74.0 Optus, Telstra, 3
Czech Republic 100.0 2,214 2,214 47.5 T-Mobile, Eurotel Praha
Egypt 50.1 6,615 59.9 3,314 90.4 MobiNil
Greece 99.8 4,479 11.9 4,471 66.4 Cosmote, Q-Telecom, TIM
Hungary 100.0 2,063 18.9 2,063 68.9 Pannon GSM, T-Mobile
Ireland 100.0 2,075 6.3 2,075 73.7 Meteor, O2, 3
Malta 100.0 175 4.8 175 89.8 Go Mobile
Netherlands 99.9 3,913 3.2 3,909 52.4 KPN Mobile, Orange, T-Mobile, Telfort(12)
New Zealand 100.0 2,068 9.4 2,068 77.6 Telecom
Portugal 100.0 4,276 19.2 4,276 79.7 Optimus, TMN
Romania 100.0 6,384 27.1 6,384 64.9 Orange, Cosmorom, Zapp
TOTAL 38,212 28.8 34,898 71.8
Other joint ventures
Fiji 49.0 206 32.9 101 94.0
India 10.0 19,579 1,958 82.8 Hutch, Idea, BSNL/MTNL, Reliance Infocom,
Tata Teleservices
Kenya 35.0 3,944 56.9 1,380 98.2 Celtel(13)
Poland 19.6 9,779 32.9 1,918 56.5 Orange, ERA
South Africa(14) 49.9 23,520 51.9 10,968 89.5 Cell C, MTN
TOTAL 57,028 123.6 16,325 82.2
Other associates and investments
Belgium 25.0 4,338 1.0 1,085 57.7 BASE (KPN), Mobistar (Orange)
China 3.3 260,645 20.9 8,523 76.0 China Netcom, China Telecom, China Unicom
France 44.0 17,282 8.2 7,612 44.0 Bouygues, Orange
Switzerland 25.0 4,370 10.2 1,092 39.0 Orange, Sunrise, Tele2
TOTAL 286,635 19.5 18,312 73.2
GROUP TOTAL 517,967 24.2 170,571 65.9
Notes:
(1) The above information is presented for continuing operations only. Japan is classified as a discontinued operation and had 15,210,000 venture customers and14,858,000 registered proportionate customers at 31 March 2006.
(2) All controlled networks and the jointly controlled network in Italy operate under the Vodafone brand, with the exception of Vodafone Romania, which operates under the dual brand Connex Vodafone. Networks in which the Company does not
have a controlling interest operate under the following brands: Belgium – Proximus; China – China Mobile; Fiji – Vodafone; France – SFR; India – Airtel; Kenya – Safaricom; Poland – Plus GSM; South Africa – Vodacom; Switzerland – Swisscom Mobile;
US – Verizon Wireless.
(3) All ownership percentages are stated as at 31 March 2006 and exclude options, warrants or other rights or obligations of the Group to increase or decrease ownership in any venture as detailed in “Financial Position and Resources – Liquidity and
Capital Resources – Option agreements” Ownership interests have been rounded to the nearest tenth of one percent.
(4) See page 49 for a definition of a customer.
(5) Venture customer growth is for the year to 31 March 2006.
(6) Prepaid customer percentages are calculated on a venture basis at 31 March 2006.
(7) Includes significant MVNOs which do not operate a mobile telecommunications network.
(8) Vodafone Italy is a joint venture.
(9) Licensed network operator, scheduled to commence commercial service during the 2007 financial year.
(10) The Group’s ownership interest in Verizon Wireless is 45.0%. However, the Group’s proportionate customer base has been adjusted for Verizon Wireless’s proportionate ownership of its customer base across all its network interests of approximately
98.6%, at 31 March 2006. In the absence of acquired interests, this proportionate ownership will vary slightly from period to period depending on the underlying mix of net additions across each of these networks.
(11) This is not a full list of US network operators. In the United States, in addition to the national operators shown, there are several regional and numerous local operators.
(12) Telfort was acquired by KPN Mobile during the financial year but still operates its own network.
(13) The Kenyan Government has awarded a third licence but the operator had not commenced service at 30 May 2006.
(14) On 20 April 2006, the Group’s ownership percentage increased to 50%.
Business