Vodafone boss faces renewed backlash over £85m franchise dispute telecoms Former franchisees accused telecoms giant Vodafone of driving small business owners to the brink at its annual general meeting on Tuesday, amid a deepening £85m legal dispute over its former retail partner model. At the meeting in Newbury, several claimants involved in the lawsuit directly challenged chief executive Margherita Della Valle and chairman Jean-François van [...]
Vodafone growth boost as UK merger with Three starts to pay off telecoms Vodafone reported a solid start to its financial year, with growth in revenue and profits underpinned by the recent completion of its UK merger with Three, now consolidated into its results. The deal has created the UK’s largest mobile operator and delivered a double-digit boost to local revenues in the first quarter. “We are making [...]
Vodafone and Virgin Media O2 strike £343m deal Tech Vodafone has received a boots worth £343m from Virgin Media O2 just a few weeks after its mega merger with Three was finally approved. Virgin Media O2 has agreed to pay £343m for a tranche of mobile spectrum from Vodafone UK in a deal which is hoped will help shore up its network capacity amid [...]
Vodafone swings to loss after €4.5bn impairment blow May 20, 2025 Vodafone has swung to a loss after recording a €4.5bn (£3.8bn) impairment hit amid the continued poor performance of its German business. The telecoms giant posted a pre-tax loss of €1.4bn for the year to end March, compared to a profit of €1.6bn the previous year. Vodafone said the impairment charges “reflect management’s latest assessment [...]
Three’s ‘best value’ ads probe cleared after Vodafone complaint April 2, 2025 The Advertising Standards Authority (ASA) has ruled in favour of Three UK, rejecting Vodafone’s challenge that the mobile operator’s ads for its iPhone 16 Pro deal were misleading. Vodafone had argued that the telecom rival’s claim of offering ‘The UK’s best value unlimited iPhone deal’ could mislead consumers into thinking it was based on more [...]
Vodafone shares slump as headwinds grow in key German market February 4, 2025 Vodafone shares have plunged more than six per cent in early trade this morning after the FTSE 100 giant reported its third-quarter results. While the group reported overall service revenue growth of 5.2 per cent in the third quarter, beating the average analyst estimate of 4.2 per cent, it noted the migration of 1&1 customers [...]
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 [...]
Analysts see ‘path to approval’ for Vodafone and Three deal September 13, 2024 Although Britain’s competition watchdog has raised fresh concerns over the proposed £15bn tie-up between Vodafone and Three’s UK operations, analysts have suggested the findings of the latest probe are more positive than expected. In its provisional findings, the Competition and Markets Authority (CMA) flagged potential price increases for millions of mobile customers and warned of [...]