Global Presence

Affiliates:

India

SPICE COMMUNICATIONS LIMITED (SPICE)
www.spiceindia.com

Listed on the Bombay Stock Exchange Limited since July 19, 2007, Spice currently offers mobile telecommunications services in the Punjab and Karnataka states of India. Spice has also been awarded licenses for the states of Maharashtra, Andhra Pradesh, Delhi and Haryana although allocations for spectrum have not yet been granted. As of December 31, 2007, Spice had 3.8 million subscribers representing a 1.7% market share in India, and was the second and fifth largest mobile telecommunications service provider within the Punjab and Karnataka circles, respectively. As of December 31, 2007, for the Punjab state, Spice had 2.3 million subscribers, comprising 0.4 million postpaid subscribers and 1.9 million prepaid subscribers. As of December 31, 2007, for the Karnataka state, Spice had 1.5 million subscribers, comprising 0.1 million postpaid subscribers and 1.4 million prepaid subscribers.