Is Microsoft becoming the new Vodafone? Tech America’s biggest tech firms – Microsoft, Amazon, Meta, Google – have thrown the kitchen sink at becoming leaders in AI. They have forked out whatever is necessary to get to the front of the race. The four firms spent a combined $16bn on capex in the first quarter of 2020. Fast-forward to the third quarter [...]
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, [...]
FTSE 100 Live: Vodafone shares lead blue-chip rally; Unemployment rises Economics Good morning from the City AM liveblog team. What are you looking forward to more – Black Friday or Budget day? They are two vital days that UK retailers are bracing for in this month’s calendar, both of which can provide a major boost to firms – or crushing disappointment. Retail sales today show another [...]
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. [...]
Vodafone boss faces renewed backlash over £85m franchise dispute July 29, 2025 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 July 24, 2025 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 June 30, 2025 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 picks Microsoft exec for £2m finance chief role June 19, 2025 Microsoft exec Pilar López is to join Vodafone as its new chief financial officer, the telco giant said on Thursday. López replaces Luka Mucic, the company’s shortest-serving CFO, who is leaving in November for a position as chief executive of the real estate developer Vonovia. She held several positions at Microsoft including as its Western [...]
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 EE back at court over Phones4U legal fallout May 22, 2025 Telecoms giants are "vigorously defending" against the Phones4U legal proceedings as the mammoth £1bn is back at the London court