Business · 1h ago
Vodafone buys out Three partner for £4.3B, gains full control
Vodafone has agreed to pay £4.3 billion to acquire the remaining stake in its UK mobile joint venture, Three UK, from CK Hutchison. The deal gives Vodafone full ownership of Britain's largest mobile operator, which has over 10 million customers. The transaction is expected to close in early 2027, pending regulatory approval.
Meridian48 take
This consolidation could reshape UK telecom competition, but regulators will scrutinize the impact on consumer prices and network investment.
telecommerger