The merger between Vodafone and Three UK has officially been completed, resulting in the creation of a new telecommunications giant: VodafoneThree. This significant deal, finalized on May 31, 2025, merges two major players in the UK market into a fully integrated entity, with Vodafone owning 51 percent and Three’s parent company, CK Hutchison, holding the remaining 49 percent. Vodafone has announced that it will incorporate VodafoneThree’s financial performance into its overall results going forward.
Leading the new venture will be Max Taylor, who previously managed Vodafone UK. His appointment as CEO is seen as a natural choice for overseeing the combined operations. Darren Purkis, who comes from Three UK, will serve as Chief Financial Officer.
This merger is expected to bring substantial benefits to customers and the UK economy. A primary goal of VodafoneThree is to invest £11 billion into its network over the next decade, aiming to develop one of the most advanced 5G networks in Europe. The company plans to allocate £1.3 billion in its first year specifically to enhance the network’s capability.
From a financial standpoint, VodafoneThree estimates it will achieve annual savings of £700 million by the fifth year post-merger. Furthermore, the merger is anticipated to positively influence Vodafone’s adjusted free cash flow starting in 2029. Talented leaders have been appointed to support Max Taylor in this endeavor, fostering an integrated organization that emphasizes connectivity as a critical driver for the UK’s economy and technological advancement.
As the integration process unfolds, VodafoneThree aims to set the standard for mobile connectivity across the UK, reinforcing the importance of reliable communication in everyday life and supporting economic growth.