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Vodafone

  • FTSE 100 giant Vodafone raises £1.4bn from Indus Towers stake sale to pay debt

    June 19, 2024

    Vodafone is still waiting to hear back from the competition regulator about whether its proposal to merge its UK operations with those of Three can go ahead.

  • ‘Lessen competition and deter investment’: BT lashes out at Vodafone-Three UK deal

    June 14, 2024

    The regulator has been gathering responses to its investigation into Vodafone and Three UK's tie-up.

  • ‘We are done’: Vodafone chief rules out more big deals after offloading Spanish and Italian arms

    June 2, 2024

    The chief executive of Vodafone has ruled out any more major deals as part of her strategy to simplify the sprawling telecoms giant and improve shareholder returns.

  • Vodafone turnaround shows progress as it sweats on Three UK merger decision

    May 14, 2024

    Vodafone’s recently-sold Italian and Spanish divisions were offloaded so the company could focus on its better performing businesses.

  • Struggling Vodafone and BT to update the City on turnaround efforts

    May 13, 2024

    A highly competitive market, heavy debts, tight regulation and dividend cuts are to blame for Vodafone and BT's poor performance.

  • Three UK boss says Vodafone merger is ‘vital’ to offset investment costs

    May 9, 2024

    Boss Robert Finnegan said it was a "solid start to the year," but the company continues to be "impacted by inflationary pressures".

  • Competition watchdog escalates probe into Vodafone-Three tie-up

    April 4, 2024

    The competition watchdog's formal phase two review will investigate whether the deal could harm competition in the UK's telecoms sector.

  • Competition watchdog says Vodafone’s merger with Three could leave customers worse off

    March 22, 2024

    The Competition and Markets Authority (CMA) said it feared the deal could reduce competition in Britain's telecommunications industry and raise prices for consumers and businesses.

  • Vodafone offloads Italian arm and kicks off bumper buyback

    March 15, 2024

    Vodafone has struck a deal to offload its Italian arm for $8bn and announced plans for $4bn share buy back today in the “third and final step” of efforts to simplify its sprawling European business.

  • Vodafone to shrink again as it agrees £6.8bn offload of Italian division

    February 28, 2024

    Vodafone has taken the next step in a radical restructuring of the group, agreeing to offload the Italian arm of the company in a multi-billion deal.

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