Published: May 5, 2026 at 7:46 am
Vodafone is to take full ownership of VodafoneThree after agreeing a £4.3 billion deal to buy the 49% stake owned by CK Hutchison.
The £16.5bn merger of telecoms giants Vodafone and Three – the latter owned by CK Hutchison Group Telecom Holdings Limited – completed just last summer after it was given the green light by the Competition and Markets Authority in December 2024.
The deal, which followed a multi-billion-pound commitment to upgrade the merged company’s network across the UK – including £11bn to roll out 5G – gave Vodafone 51% of the combined entity.
Now Vodafone Group Plc will become sole owner via a cancellation of shares.