- Vodafone buys CK Hutchison from VodafoneThree
- It will pay 4.3 billion pounds sterling (4.9 billion euros) through a share cancellation
- The VodafoneThree merger is now one year old and has already increased coverage for users across the UK
Vodafone has announced that it has reached an agreement to purchase CK Hutchison from its VodafoneThree UK joint venture.
The company will pay 4.3 billion pounds (4.9 billion euros) through the cancellation of shares for full control of Vodafone, three years after announcing the merger between two of the largest mobile telephone networks in the country.
In that time, Vodafone says “significant progress” has been made in integrating the two teams, leaving it in a strong position to take sole control of the organisation.
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vodafone remote
In a press release, Vodafone outlined how, since the merger was confirmed in June 2025, the company has acted quickly to increase network coverage and reliability for users across the UK.
The move will deliver an estimated £700m annual cost and capital expenditure synergies by FY30, with further synergy across the company’s stores and overall strategy.
“One year after the merger, the team has made notable progress as we maximize the full potential of VodafoneThree and capture significant synergies,” said Margherita Della Valle, Vodafone Group CEO.
“I am delighted that we now have full ownership of VodafoneThree as we deploy one of the most advanced 5G networks in Europe, deliver the best customer experience in the UK and drive long-term value for our shareholders.”
“Vodafone’s decision to take full ownership of VodafoneThree is a clear vote of confidence in our business and the rapid start we have made to build an integrated team and deliver early benefits to our customers,” added Max Taylor, CEO of VodafoneThree.
“We remain focused on our multi-brand plan and strategy and committed to our mission of building the UK’s best network, bringing connectivity to every community in every corner of the country.”
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