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!