Vodafone Idea Ltd Company History

• Incorporated as Birla Communications Limited

• Obtained CMTS licenses for providing services in the Gujarat and Maharashtra circles

Changed name to Birla AT&T Communications Limited

Commenced commercial operations in the Gujarat and Maharashtra service areas

Merger of Tata Cellular Limited with the Company, thereby acquiring original license for the Andhra Pradesh Circle

• Acquired RPG Cellcom Limited and consequently the license for the Madhya Pradesh

• Changed name to Birla Tata AT&T Limited

• Obtained CMTS license for providing services in the Delhi circle

• Changed name to Idea Cellular Limited and developed the Idea” brand name

• Commenced commercial operations in Delhi circle

• Acquired Escotel Mobile Communications Limited

• First cellular operator in India to commercially launch EDGE services

• Became part of the Aditya Birla group subsequent to the TATA group transferring its entire shareholding in the Company to the Aditya Birla group

• Acquired Escorts Telecommunications Limited

• Obtained UASL for the Mumbai and Bihar circles

Initial public offering by the Company

• Obtained UASL for nine service areas

• Acquired Spice Communications Limited with licences for operating service areas of Punjab and Karnataka

• Preferential allotment of Equity Shares to TMI Mauritius Ltd., an affiliate of Axiata Group, aggregating to approximately ?72,945 million

Became a pan-India operator

Allotted 3G spectrum in 11 service areas in India

Launched 3G services in 20 service areas through combination of home network and roaming arrangements

Launched ISP services

• Completed ‘Qualified Institutions Placement’ (QIP), aggregating to ? 30,000 million

• Preferential allotment of Equity Shares to Axiata Investments 2 (India) Limited, an affiliate of Axiata Group aggregating to ?7,500 million

Launched 4G services in 4 southern circles in December 2015.

Expanded 4G services to 10 service areas

• Preferential allotment to Promoters and Promoter Group aggregating to ?32,500 million

• Completed ‘Qualified Institutions Placement’ (QIP), aggregating to ?35,000 million

• Completed the merger of Vodafone India and VMSL with our Company

• Name of the Company was changed from ‘Idea Cellular Limited’ to ‘Vodafone Idea Limited’

• Completed a rights issue for an amount aggregating to ?249,998 million

• Demerger and transfer of fibre undertaking held by the Company to our Company’s wholly owned subsidiary

• Orders from Supreme Court to our Company and other telecom companies to pay AGR dues

• Sold 11.15% stake in Indus Towers Limited at a consideration of ?37,642 million, pursuant to merger of Indus Towers Limited with Bharti Infratel Limited

• Launch of new unified ‘Vi’ Brand

• Acquired 23.6 MHz spectrum in 900 and 1800 MHz in certain service areas for aggregate value of ?19,934 million

• Announcement of Telecom Reforms Package by the Government of India for the telecom sector addressing the structural, procedural and liquidity issues, arising due to the AGR judgment

• Preferential allotment to our Promoters and Promoter Group for an amount aggregating to ?45,000 million

• Acquired 6,237 MHz spectrum across 2,100 MHz, 2,500 MHz, 3,300 MHz and 26 GHz in the 5 Spectrum Auction for an aggregate value of ?187,836 million

• Preferential allotment of convertible warrants to our Promoter for an amount aggregating to ?4,362 million

• Conversion of convertible warrants issued to our Promoter to equity shares for an amount aggregating to ?4,362 million

• Issuance of OCDs to ATC Telecom Infrastructure Private Limited for an amount aggregating to ?16,000 million

• Issued equity shares aggregating to ?161,332 million representing 33.1% of equity capital of the Company to Government of India pursuant to conversion of loan representing NPV of the interest related to deferment of spectrum auction instalments and AGR dues into equity shares