**Vodafone UK and Three UK Merge to Form Vodafone Three**
**Vodafone UK has successfully merged with Three UK, creating a new telecommunications powerhouse known as Vodafone Three.**
On May 31, 2025, Vodafone UK completed its merger with Three UK, resulting in a combined entity that will be primarily owned by Vodafone with a 51% stake. The announcement was made via the social media platform X, where Vodafone Group expressed their satisfaction with the merger’s completion, stating, “We are pleased to announce the successful completion of the merger of @VodafoneUK and @ThreeUK.”
Vodafone Three aims to enhance mobile services for millions of customers and businesses across the UK. In a joint statement released on June 2, 2025, Vodafone Group Plc and CK Hutchison Group Telecom Holdings Limited revealed plans to invest £11 billion over the next decade. This investment will focus on improving network deployment, with an initial £1.3 billion earmarked for capital expenditures.
Max Taylor, who currently leads Vodafone UK, will take on the role of Chief Executive Officer for Vodafone Three, while Darren Purkis from Three UK has been appointed as Chief Financial Officer. The merger is expected to yield annual cost and capital expenditure synergies of £700 million by the fifth year, significantly enhancing Vodafone’s adjusted free cash flow starting from FY29.
Margherita Della Valle, Chief Executive of Vodafone Group, emphasized that the merger is designed to improve network connectivity in the UK and reshape Vodafone’s presence in Europe. “The merger will create a new force in UK mobile, transform the country’s digital infrastructure, and propel the UK to the forefront of European connectivity,” Valle stated. She added that this transaction marks a pivotal moment in reshaping Vodafone’s operations in Europe, positioning the company for future growth.
Canning Fok, Deputy Chairman of CK Hutchison and Executive Chairman of CKHGT, highlighted the importance of scale in delivering high-quality mobile networks. He noted, “The Vodafone and Three merger provides that scale, enabling the significant investment needed to meet customer expectations.” Fok also mentioned that the transaction unlocks substantial shareholder value, returning approximately £1.3 billion in net cash to the Group.
In conclusion, the merger of Vodafone UK and Three UK into Vodafone Three represents a significant development in the UK telecommunications landscape, promising enhanced services and infrastructure improvements for consumers and businesses alike.
**FAQ**
**What are the expected benefits of the Vodafone and Three merger?**
The merger is expected to enhance mobile services, improve network connectivity, and generate significant cost synergies, ultimately benefiting millions of customers and businesses in the UK.