The IPO of Vodafone Group PLC's Indian unit is expected to be delayed now. The filing, previously expected in September or October, is being delayed because apparently Vodafone wants to wait for new rival Reliance Industries to launch its telecoms services, IFR, a Thomson Reuters publication, cited a source as saying.

Vodafone Group PLC is a British multinational telecommunications company, with headquarters in London. Among mobile operator groups globally, Vodafone ranked fifth by revenue and second (behind China Mobile) in the number of connections (435.9 million) as of 2014

Vodafone owns and operates networks in 26 countries and has partner networks in over 50 additional countries.Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries

Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £89.1 billion as of 6 July 2012, the third-largest of any company listed on the London Stock Exchange. It has a secondary listing on NASDAQ

Vodafone India, the local arm of global telecom major Vodafone PLC, is eyeing an Indian listing, said Analjit Singh, the non-executive chairman of the company.

"It is a thought under consideration," he said, while adding that a final decision is yet to be taken. "In the next three to six months, things will become clearer.'' he added


The Vodafone Group entered India in 2007, after buying out Hutchison's 67 per cent stake in its telecom venture with Essar for USD 11.2 billion. Stay tuned to Indian IPO Blog for more on Vodafone IPO!

The Supreme Court has made a historical judgement and ruled in favour of Vodafone in a tax case that was pending since a long time. The court has made a critical judgement stating that the Indian tax department cannot tax the transaction that saw Vodafone acquire 67 per cent stake in Hutchison Essar, a mobile phone operator in India in 2007. The deal was for a staggering Rs.55,000 crores or $11.5 billion. The Court observed that I-T dept has no jurisdiction on transactions outside the country

Vodafone, the UK-based telecom major, has appointed investment bank NM Rothschild to assist the listing plans, reported in Economic Times quoting sources

Vodafone, the British telecoms firm, has said that it had not objected to Essar conducting an Initial Public Offer (IPO) of the Essar's stake in Vodafone Essar, India’s third-largest telecoms company based on subscribers

In 2007, Vodafone had bought a controlling stake in mobile business in India of Hutchison Whampoa Ltd., in which Essar had been a partner. Mr. Prashant Ruia, the Chief Executive of Essar Group had said that plans for an Initial Public Offering by Vodafone Essar is in a preliminary stage

Stay tuned to the latest updates on Vodafone Essar IPO!