Vodafone just did what most joint ventures quietly expect but rarely admit upfront. It took full control. The UK telecom giant is buying CK Hutchison’s 49% stake in VodafoneThree for £4.3 billion, turning a shared experiment into a wholly owned...
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Vodafone Takes Full Control of VodafoneThree in £4.3bn Buyout
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Subscribe05 MAY 2026 / FINANCE
Vodafone is acquiring the 49% stake in VodafoneThree currently held by CK Hutchison for £4.3 billion, transitioning the venture into a wholly owned asset. The deal allows Vodafone full control over the £11 billion 5G rollout and long-term upside, while providing CK Hutchison with immediate liquidity and the capacity to refocus on de-leveraging and diversifying into higher-return assets.
Vodafone just did what most joint ventures quietly expect but rarely admit upfront. It took full control. The UK telecom giant is buying CK Hutchison’s 49% stake in VodafoneThree for £4.3 billion, turning a shared experiment into a wholly owned...
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