VODAFONE

TAX
DISPUTE

PRESENTATION BY GROUP 1
Vodafone entered the Indian market in 2007 when India was expanding in
terms of its telecommunication.
During that period India was going through rise in FDI in telecom industry.
When Vodafone entered the market it had two choices:
• It could have established its own market, its own consumer based etc.
• It could have acquired a pre established Indian company. Since, HEL had
22% of market
therefore Vodafone bought HEL for 55,000 crore rupees.
 Hutchison Telecommunication

International Limited (HTIL)

(Hong-kong Based company)

Hold 100% shares

VODAFONE
INTERNATIONAL CGP Investment Limited
HOLDINGS (Cayman Island Based Company)

Hold 67% shares

Hutchinson Essar Limited

(Indian Based Company)
The whole situation was followed by amendments
and additions in the constitution of the country.
THANK YOU