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, [...]
Virgin Media O2 and Starlink race to fix London’s connectivity crisis Tech Virgin Media O2 has switched on its first ‘giga site’ in central London, a move aimed at improving mobile connectivity across the UK. The site, which combines low-mid and high-band spectrum with Nokia’s technology, can deliver speeds of more than 10Gbps, enough to support 2,000 simultaneous HD video streams. The move is part of the [...]
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 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 [...]
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 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 [...]
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 [...]
Vodafone shares slump as FTSE 100 struggles for growth November 12, 2024 FTSE 100 telecoms giant Vodafone has reported a jump in operating profit today and reiterated its financial guidance for the year after a string of asset disposals. The company told the market this morning that revenue for the first half of its financial year had risen 1.6 per cent to €18.3bn (£15.2bn) as service revenue [...]
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 [...]
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 [...]