Vodafone is taking full control of VodafoneThree, says company has made 'remarkable progress' since merger

Date:
Tue, 05 May 2026 08:49:15 +0000

Description:
Vodafone is buying out CK Hutchison from the VodafoneThree joint venture for 4.3 billion.

FULL STORY ======================================================================Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Vodafone is buying out CK Hutchison from VodafoneThree It will pay 4.3 billion (4.9 billion) via a cancellation of shares VodafoneThree merger is now a year old, and has
already boosted coverage for users across the UK Vodafone has announced it reached an agreement for the buy out of CK Hutchison from its VodafoneThree
UK joint venture .

The company will pay out 4.3 billion (4.9 billion) via a cancellation of shares for full control of VodafoneThree a year on from announcing the merger between two of the country's biggest mobile phone networks. In that time, Vodafone says "significant progress" has been made in integrating the two teams, leaving it in a strong position to take sole control of the organization. Article continues below You may like VodafoneThree says mobile connectivity can create thousands of new businesses and billions in economic boost as it looks to kill off UK 'not spots' forever VodafoneThree gets Ofcom approval to bring satellite connectivity to your smartphone New Three mobile contracts to include speed caps unless users pay for add-ons Vodafone control In a press release, Vodafone outlined how, since the merger was confirmed in June 2025, the company has moved quickly to boost network coverage and reliability for users across the UK .

The move will lead to an estimated 700m in annual cost and capex synergies by its FY30, with greater synergy across the company's stores and overall strategy.

"A year on from the merger, the team has made remarkable progress, as we maximise the full potential of VodafoneThree and capture the significant synergies," said Margherita Della Valle, Chief Executive of Vodafone Group.

Im delighted that we will now have full ownership of VodafoneThree as we roll out one of Europes most advanced 5G networks, provide the UKs best customer experience and drive long-term value for our shareholders. Are you a pro? Subscribe to our newsletter Sign up to the TechRadar Pro newsletter to get
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Vodafones decision to take full ownership of VodafoneThree is a clear vote of confidence in our business, and the fast start weve made in creating one integrated team and delivering early benefits for our customers," added Max Taylor, CEO of VodafoneThree.

"We remain focused on our plan and multi-brand strategy and committed to our mission to build the UKs best network, bringing connectivity to every community in every corner of the country. Follow TechRadar on Google News and add us as a preferred source to get our expert news, reviews, and opinion in your feeds.



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Link to news story: https://www.techradar.com/pro/phone-communications/vodafone-is-taking-full-con trol-of-vodafonethree-says-company-has-made-remarkable-progress-since-merger


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