No retail redundancies after Vodafone-Three merger, boss says ahead of shop closures Telecoms There will be no forced redundancies of retail staff following Vodafone’s acquisition of Three, the firm’s chief executive has said, as the telco giant gears up to find hundreds of millions of pounds of cost savings from the tie-up. Vodafone chief executive Margherita Della Valle, who spearheaded the bumper £16.5bn merger shortly after taking the [...]
Ofcom targets BT and Three as summer outages exposed emergency call risk telecoms The UK’s telecoms regulator has launched investigations into BT and Three after network failures this summer left customers unable to make calls, including to the emergency services. Ofcom said on Monday that the probes will assess whether the two operators complied with their legal dutiesm after separate incidents caused nationwide disruption. Telecoms giant BT notified [...]
Vodafone chief shakes off Budget gloom as shares jump telecoms Vodafone’s chief executive has said the forthcoming Budget is “not a big thing for us” after the telco defied wider economic gloom to deliver a dividend hike. The FTSE 100 firm said it saw 1.2 per cent growth in the UK in the six months to the end of September, while Germany, a key market, [...]
UK telecom giants sign new pact to block scam calls as AI drives fraud November 5, 2025 Britain’s biggest mobile networks have agreed to overhaul their systems to stop scammers using fake numbers to impersonate banks and government departments. As ministers seek to stem the growing tide of AI-driven fraud, BT, EE, Vodafone, Three, Virgin Media O2, Sky, TalkTalk and Tesco Mobile have signed a new telecoms charter with the Home Office. [...]
CVC Capital Partners hire former EE boss to new sports arm June 26, 2025 CVC SportsCo, a new entity created by private equity giants CVC Capital Partners, has been bolstered by the hire of former mobile phone network EE boss Marc Allera. Allera will take a the role central to the firm’s sporting portfolio, which once owned Formula 1. The current CVC Capital Partners portfolio includes stakes in Premiership [...]
Vodafone completes £15bn Three mega-merger with major pledge June 2, 2025 FTSE 100 giant Vodafone has vowed to invest as much as £1.3bn in network infrastructure over the next 12 months after completing its blockbuster £15bn merger with British rival Three. The capex commitment is part of a pledge to invest £11bn over the next decade by the combined entity, which will be called VodafoneThree and [...]
Vodafone and Three: What £16.5bn merger actually means for customers and prices December 5, 2024 After an almost 18-month battle the UK’s largest ever telecoms deal – which will see Vodafone and Three complete a £16.5bn merger – has been given the green light. Described by Vodafone as a “once-in-a-generation opportunity to transform the UK’s digital infrastructure”, the deal has now satisfied the Competition and Markets Authority (CMA) enough for [...]
Competition watchdog approves Vodafone and Three mega merger December 5, 2024 Vodafone and Three's merger comes after 18 months of deliberation from the CMA, which had previously warned it could push up prices.
Vodafone boss shrugs off Budget as company set to double-down on UK November 12, 2024 The boss of the FTSE 100 telecoms giant Vodafone has shrugged off suggestions Labour’s tax-raising Budget will have an impact on the business. Vodafone chief executive Margherita Della Valle estimated the Budget’s total cost to Vodafone at around £10m in a call with investors and analysts following its half-year results, published this morning. “In the [...]
Approval nears for £15bn Vodafone and Three merger November 5, 2024 A range of investments have been proposed by the competition watchdog which, if accepted, would lead to the £15bn merger between Vodafone and Three being finally completed. The Competition and Markets Authority (CMA) has suggested upgrading the merged company’s network across the UK, including the roll-out of 5G, as well as short-term customer protections. The [...]