Vodafone completes 4.3 billion VodafoneThree takeover, promises to 'move faster' and 'deliver better connectivity' for customers across the UK

Date:
Mon, 03 Aug 2026 08:24:29 +0000

Description:
4.3 billion deal sees Vodafone complete buyout and become full owner of VodafoneThree.

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 confirms 4.3 billion buyout of CK Hutchison from VodafoneThree Plan was announced in May 2026, and the deal has moved fast Vodafone and Three merged in June 2025, with network expansion alreayd underway Vodafone has officially taken full ownership of
its UK mega-network with a billion-pound deal.

The company revealed it has spent 4.3 billion (4.9 billion) for the remaining 49% of VodafoneThree it did not already own following its merger with fellow UK network Three back in June 2025 . The news comes shortly after Vodafone confirmed its plans to take full ownership in May 2026, as it looks to boost the company's mobile and broadband networks across the UK. Latest Videos From TechRadar Watch full video here: Vodafone control With full ownership and control, well have the ability to move faster in the next phase of building one of Europes leading networks," noted Margherita Della Valle, Chief Executive of Vodafone Group.

"This best-in-class infrastructure will deliver better connectivity for our customers up and down the country, help drive the UK's digital economy, and deliver long-term value for our shareholders. You may like Vodafone is taking full control of VodafoneThree, says company has made 'remarkable progress' since merger 50Mbps 5G speeds set to become new normal in the UK as Vodafone intros 21 fixed-line access broadband to millions of customers but why is it more expensive than Three's very similar 18 offer? Vodafone launches high-speed 5G broadband

The company noted that the deal was fully funded from existing Vodafone Group cash resources, and should help it reach targets including 700 million of annual cost and capital expenditure synergies by its FY30.

It also hopes acquiring full ownership will allow it, "to move at an even faster pace and capture the significant benefits created through our 11 billion network investment plan." Are you a pro? Subscribe to our newsletter Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed! Contact me with news
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VodafoneThree says it plans to host an Investor Briefing in October 2026
which will outline the company's strategy, growth ambitions and "the significant value creation we expect to deliver over the coming years, as we focus on building the UKs best network." 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-completes-gbp4-3-b illion-vodafonethree-takeover-promises-to-move-faster-and-deliver-better-conne ctivity-for-customers-across-the-uk


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