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Group No. : 5
Akanksha Sadekar 60
Jitendra Karwani 61Chhavi Khandelwal 68
Ratika Dhawan 78
Neha Karanpuria 81
Wasim Khan 85
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Brief History
Organizational Structure
Corporate social initiative
Corporate governance
Learnings
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BRIEF HISTORY
Vodafone Group is a global telecommunications company headquartered inNewbury, United Kingdom.
World's largest mobile telecommunications company measured by revenuesand second largest by subscribers (behind China Mobile) with 347 millionproportionate subscribers as at 30 June 2010.
Operates in 31 countries and has partner networks in a further 44 countries.
It owns 45% of Verizon Wireless, the largest mobile telecommunicationscompany in the United States measured by subscribers.
The name Vodafone comes from voice data fone, chosen by the companyto "reflect the provision of voice and data services over mobile phones".
Vodafone Essar started its operations in India in 1994 and is under theVodafone Group.
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In 1982 : Joint venture between Racal Electronics plc's subsidiaryRacal Strategic Radio Ltd along with Millicom and the Hambros
Technology Trust.
1 January 1985: Vodafone was launched and Racal StrategicRadio was renamed Racal Telecommunications GroupLimited in 1985.
29 December 1986: Racal Electronics bought out the minorityshareholders of Vodafone for GB£110 million.
29th June 1999: Vodafone completed its purchase of AirTouchCommunications, Inc. and changed its name to Vodafone
AirTouch plc.
On 21st September 1999 : merger of U.S. wireless assets with BellAtlantic Corp to form Verizon Wireless.
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Vodafone in Asia Pacific
Vodafone committed to become a global mobile
communications provider and in the early 1990s the companybegan its move into the Asia-Pacific markets.
In November 1998 : Purchased BellSouth New Zealand whichlater became re-branded as Vodafone New Zealand.
On October 1, 2003 J-Phone (which Vodafone had purchasedin 2002) becomes 'Vodafone¶.
On 28th October 2005 : Acquisition of a 10 per cent stake inIndia's Bharti Televentures, which operates the largest mobilephone network in India under the brand name AirTel.
On 25th January 2006 : Announces that Indonesia, Malaysia andSri Lanka are added to the Vodafone footprint as VodafoneGroup signs a partner network agreement with TelecomMalaysia.
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Vodafone in the Middle East and Africa
18th September 2002 : Signs a partner agreement with the MTCgroup of Kuwait which is re-branded to MTC-Vodafone.
3rd November 2005 : Increases stake in Vodacom Group bybuying-out the 15% stake held by VenFin. This gives Vodafone a50% stake in Vodacom.
8th November 2006 : Announces a deal with Telecom Egyptresulting in further co-operation in the Egyptian market; andincreasing of stake in Vodafone Egypt.
After the deal, Vodafone Egypt will be 55% owned by the group,while the remaining 45% will be owned by Telecom Egypt.
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TypePublic limited company(LSE: VOD, NASDAQ: VOD)
Industry Telecommunications
Predecessor 1983 (1983)²1991 (1991)Racal Telecom
Founded 1984 (1984)
Headquarters Newbury, United Kingdom
Area served orldwide
Key people
Sir John Bond (Chairman)Vittorio Colao (CEO)
John Buchanan (DeputyChairman)Andy Halford (CFO)
Services Telecommunications
Revenue £44.47 billion (2010)
Operating
income£
9.480 billion (2010)
Profit £8.645 billion (2010)
Total assets £156.98 billion (2010)
Total equity £90.38 billion (2010)
Employees 79,000 (March -2009)
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Chairman
Sir John Bond
Vittorio ColaoChief Executive
John BuchananDeputy Chairman
Andy HalfordChief Financial
Officer
Michel CombesCEO Europe Region
Stephen PuseyChief Technology
Officer
1. Alan Jebson (Non-executive Director)
2. Samuel Jonah (Non-executive Director)
3. Nick Land (Non-executive Director)
4. Anne Lauvergeon (Non-executive Director)
5. Luc Vandevelde (Non-executive Director)
6. Anthony Watson (Non-executive Director)
7. Philip Yea (Non-executive Director)
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Key elements of the Foundation
It makes social investments by funding
projects which support disaster reliefincluding the Red Alert Programme.
These projects use Mobile Technology for the benefit of all.
Unique World of Difference Programme.
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1. Their social investment is delivered by a uniquefootprint of 27 Vodafone Foundations and socialinvestment programmes.
2. Chosen by the Foundation Trustees and receivefunding from the Vodafone Foundation in the UK aswell as their local Vodafone company.
3. Got registered as charity number 1089625 from theCharity Commission for England and Wales on 4December 2001.
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World of difference (WoD) The aim of the programme is to take corporate philanthropy in a
new direction.
By providing funding to skilled people with a passion to work for charity.
It creates the opportunity for individuals to work for one year for acharitable partner organization, with salary and related supportprovided. The winners are chosen on merit through a publiccompetition.
To date, over 700 individual winners have participated or arecurrently participating.
Victoria Weedon- Safe Network IncorporatedVision: By 2011, adolescent girls and young women who sexuallyabused children will access to highly specialized andcomprehensive treatment programme.
Funded by Victoria : $50,000
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Disaster relief Aim : develop partnerships to enhance long term disaster responseand preparedness activity, working with organisations such as theUnited Nations Foundation, Telecoms Sans Frontieres, and the WorldFood Programme.
2010 : the network of Foundations have collaborated in a programme
called Vodafone Red Alert, partnership between VodafoneFoundations and Vodafone Companies to engage Vodafoneemployees and customers in giving following emergencies anddisasters.
Vodafone's response to the disaster relief programme in Haiti.Vodafone expands support for the emergency relief effort in Haiti with
cash grants totalling over £250,000
Vodafone foundation contributed £275,000 towards the appeal
and working with 14 Vodafone companies around the world, engaged
in SMS fundraising, enabling Vodafone customer·s to give
in excess of ½5.24 million.
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Red AlertRed Alert is an emergency SMSfundraising programme enablingVodafone Foundations andVodafone companies to respond to
emergencies and disasters. During the recent Great Britain
and Ireland Flood in Nov 2009,Vodafone Foundationscontributed £315,000 towardsthe appeal and working with 12
Vodafone companies aroundthe world, were engaged in SMS fundraising, enabling Vodafonecustomer·s to give in excess of½6.24 million
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Mobiles for goodSafe taxi system
Contribute to the safety of taxi drivers by preventing or discouragingassaults
Developed by the Vodafone Portugal Foundation in partnership with theMinistry of Internal Affairs and the Public Security Police (PSP)
Covered around 700 taxis operating in the Greater Lisbon area.
Since February 2007, the system operated in the O'Porto Metropolitan Areaand February 2008 in the Lisbon county, in a total of 1,400 taxi vehicles.
Developed by the Vodafone Portugal Foundation in partnership with theMinistry of Internal Affairs and the Public Security Police (PSP), it initiallycovered around 700 taxis operating in the Greater Lisbon area.
Since February 2007, the system has been operating in the O'Porto
Metropolitan Area and also since February 2008 in the Lisbon county, in atotal of 1,400 taxi vehicles.
Integration of GSM, GPS, enabling the police to determine the location ofthe vehicle in real time as soon as the driver gives the alarm, either whenstationary or on the move.
Invested around ½550,000
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Vodafone donates $1 Million in support of Web Foundation Initiativein Africa
As web penetration rate in Africa is 6.8% so they are creating learningopportunities for local entrepreneurs and support the United Nations·Millennium Development Goals to end poverty by 2015.
As part of its support, Vodafone invited the Web Foundation to join itsresearch panel which looks into the Socio-Economic Impact ofMobile (SIM) in society.
The current SIM project is exploring the impact of mobile broadbandin emerging economies. The results are expected in autumn 2011.
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Contribute towards women·s empowerment.
Share your ideas to create a mobile app for women indeveloping countries and win a cash prize worth $ 10000sponsored by Vodafone.
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This programme identified a gender gap in mobile phoneusage.
It was realized that women do not own mobile phones.
Do not have access to the potentially life changing toolshealth services, banking, employment opportunities andeducational tools etc.
Key barriers : total cost of ownership, technical literacy andcultural barriers to adoption.
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To leverage the significant demand for innovative appdesign.
Provide original and fresh customized app solutions .
Target the specific needs of women in developing countries.
This global challenge is two tiered:
Tier 1 - An app for a low-end device or feature phone.
Tier 2 - An app for smart phones.
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Vodafone business integrity:T
he Board supports high standards of corporate governance which are critical to our business integrity and tomaintaining investors' trust in our Company.
Board Committees :Composition and activities of all three principal Boardcommittees.
Audit Committee
Nominations and Governance Committee
Remuneration Committee
Code of Ethics : In accordance with SEC rules published following theSarbanes-Oxley Act of 2002, the Company has adopted a written code of ethics applicable to the Company's senior financial officers, including theCompany's principal executive officer.
Compliance: Details of Vodafone Group Plc's compliance with the UKListing Authority¶s Combined Code, and information regarding the impact of the Higgs Review and Sarbanes-Oxley Act.
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Executive Committee : Chaired by Vittorio Colao, this committeefocusses on the Group's strategy, financial structure and planning,succession planning, organisational development and Group-wide
policies.
Executive Committee members:
Vittorio Colao, Chief Executive
Wendy Becker, Group Chief Marketing Officer
Michel Combes, CEO, Europe Region
Andy Halford, Chief Financial Officer
Matthew Kirk, Group External Affairs Director
Morten Lundal, Group Chief Commercial Officer Rosemary Martin, Group General Counsel and Company Secretary
Stephen Pusey, Chief Technology Officer
Nick Read, CEO - Africa, Middle East and Asia Pacific Region
Ronald Schellekens, Group HR Director
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Economy: We provide cost effective leading edge communications
for customers, where possible retaining their existing investment.
Accreditations: By partnering with leading technology providers
including Avaya, Mitel, Nortel and Microsoft, we provide world-class
advice and support along with a wealth of technical expertise and
industry experience.
Environment: We are able to assist organizations in reviewing
their environmental impact through the availability and use of
business communication technology. We deliver sustainable
technologies to organizations ensuring that they are the building
blocks for future technological developments
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Vodafone seeks to achieve world-class reputationby imbibing high standards of business ethics andorganizational values, foster a culture of trust,openness, and mutuality to make working a
stimulating and challenging experience to thepeople working for vodafone.
Corporate Social Responsibility (CSR) has helpedorganization to improve its relationships with localcommunities, increase brand value, and build a
good corporate image for them. The socio-economic developmental activities
undertaken by company has increased thepurchasing power of the community, leading to anexpansion in their market size
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