VodafoneThree Investor Briefing

We have significantly more sites… STARTING FROM A STRONG POSITION ⫶ MORE ASSETS THAN ANY OPERATOR Macro Cell Sites (000s) Spectrum (MHz) ….and the largest spectrum holding

A

Today

Future

500

>20% more than any other operator

c.37k

400

210

80

c.26k

300

c.20k BT EE

100

VMO2

c.18.7k

200

122

230

131

100

105

95

50

0

18

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