Vodafone Group Plc is the world’s leading mobile telecommunications company, with a significant presence in Europe, the Middle East, Africa, Asia Pacific and the United States through the Company’s subsidiary undertakings, joint ventures, associated undertakings and investments.
The Group’s mobile subsidiaries operate under the brand name ‘Vodafone’. In the United States the Group’s associated undertaking operates as Verizon Wireless. During the last few years, Vodafone Group has entered into arrangements with network operators in countries where the Group does not hold an equity stake.
Under the terms of these Partner Market Agreements, the Group and its partner operators co-operate in the development and marketing of global products and services, with varying levels of brand association.
At 31 December 2009, based on the registered customers of mobile telecommunications ventures in which it had ownership interests at that date, the Group had 333 million customers, excluding paging customers, calculated on a proportionate basis in accordance with the Company’s percentage interest in these ventures.
The Company’s ordinary shares are listed on the London Stock Exchange and the Company’s American Depositary Shares (‘ADSs’) are listed on the NASDAQ Stock Market. The Company had a total market capitalisation of approximately £71.2 billion at 12 November 2009.