Recent Updates — VOD
Vodafone announced that OXG, its fibre joint venture in Germany, will acquire a new shareholder. Societe Generale S.A. agreed to purchase a 50% stake in OXG Glasfaser Beteiligungs-GmbH from Geodesia Holding S.à r.l., securing committed funding for the continued expansion of OXG's fibre network in Germany while maintaining Vodafone's strategic flexibility. The transaction is subject to customary regulatory approvals and closing conditions. Vodafone is a leading European and African telecommunications company serving mobile, broadband, IoT, and financial services customers.
Shameel Joosub, CEO of Vodacom Group, sold 745,000 ordinary shares of Vodafone Group Plc at £1.195 per share on August 7, 2026, for a total value of £890,275. The transaction was conducted on the London Stock Exchange and reported under Article 19(3) of the EU Market Abuse Regulation as an initial notification. Vodafone Group Public Limited Company is a leading European and African telecommunications company that provides mobile, broadband, IoT, and financial services to hundreds of millions of customers.
Vodafone completed the acquisition of CK Hutchison Group Telecom Holding Limited’s remaining 49% stake in VodafoneThree for £4.3 billion (€4.9 billion), funded entirely from existing cash resources. This transaction grants Vodafone full ownership and control of VodafoneThree, the UK’s largest mobile operator. The company anticipates capturing significant synergies, including £700 million in annual cost and capital expenditure savings by fiscal year 2030, driven by its broader network investment plan. An investor briefing is scheduled for October 8, 2026, to outline VodafoneThree's strategy and growth ambitions. Vodafone operates as a leading European and African telecommunications company serving over 370 million customers globally.