VodafoneThree merger boosts trading volume to 433rd place in UK market

On June 3, 2025, Vodafone's trading volume reached 2.35 billion, marking a 34.6% increase from the previous day, placing it 433rd in the day's stock market rankings. Vodafone's stock price fell by 0.96%.

Vodafone and Three have completed their merger in the UK, forming a new entity called VodafoneThree. This merger is part of a broader strategy to invest £11 billion over the next decade in building one of Europe's most advanced 5G networks. The combined entity aims to provide enhanced connectivity and services to millions of customers and businesses across the UK.

VodafoneThree will be led by Max Taylor, the former CEO of Vodafone UK, with Darren Purkis, the CFO of Three UK, taking on the role of chief financial officer. The merger is expected to be cash accretive from 2029, with targeted cost and capital expenditure synergies of £700 million annually by 2030. This strategic move follows a challenging year for Vodafone, which reported a loss in financial 2025 despite a marginal improvement in revenue.

Vodafone Group CEO Margherita Della Valle highlighted that the merger will transform the UK's digital infrastructure and position the country at the forefront of European connectivity. The completion of this merger marks a significant step in Vodafone's restructuring efforts in Europe, setting the stage for future growth.