Acquisition of Hutch and Vodafone

Merger Case On Merger Acquisition Of Hutch And Vodafone Marketing Essay

Vodafone Group plc is a British multinational operator headquartered in Newbury, England. Vodafone is the world's largest mobile telecommunication network company, based on revenue, and has a market value of about £71.2 billion (November 2009). It currently has operations in 31 countries and partner networks in a further 40 countries. Based on subscribers, it is the world’s behind China and over Telephonic, with over 427 million subscribers in 31 markets across 5 continents as of 2009. In the UK, its home ground, Vodafone has badly underperformed in the last few years due to brisk change in administration. It has slipped from first to third largest telecom operator generating revenue of £4.9 billion from its 18.7 million customers in 2008-09. As of March 31, 2009, the company employs more than 79,000 people worldwide.

Vodafone owns 45% of Verizon Wireless, the largest wireless telecommunications network in the United States, based on number of subscribers.

VISION AND VALUES

Our Vision

“To be the world’s mobile communication leader enriching our customers’ lives through the unique power of mobile communications.”

Our Values

Our values are about the way we do things.

Passion for customers: “Our customer has chosen to trust us. In return we must try to anticipate and understand their needs and delight them with our services.”

Passion for our people: “outstanding people working together make Vodafone exceptionally successful.”

Passion for results: “We are action-oriented and driven by a desire to be the best.”

Passion for the world around us: “We will help the people of the world to have fuller lives-both through the services we provide and through the impact we have on the world around us.”

HUTCH TO BECOME VODAFONE ESSAR

Vodafone and Essar have reached an agreement under which they will work to continue the growth of Hutchison Essar Limited. The partners have agreed that Hutchison...