On the Record · Vodafone Group
Vodafone Group acquisitions, on the record
The businesses Vodafone Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Vantage Towers A.G.Word for word“the Vantage Towers operating segment was a separately listed part of the Group until its disposal into a joint venture on 22 March 2023” 20-F for 2024 | divestiture | 22 March 2023 | — |
Indus TowersWord for word“Following Board approval, we announced in June 2024 that we had sold an 18% stake in Indus Towers.” 20-F for 2025 | divestiture | June 2024 | — |
Vantage Towers (Oak Holdings GmbH)Word for word“We announced in July 2024 that Vodafone Group Plc had sold a further 10% stake in Oak Holdings GmbH – the partnership that co-controls Vantage Towers for € 1.3 billion.” 20-F for 2025 | divestiture | July 2024 | € 1.3 billion |
Vantage Towers A.G.Word for word“On 13 November 2022, the Group completed the purchase of 4.2% of Vantage Towers A.G. for cash consideration of € 667 million.” 20-F for 2025 | acquisition | 13 November 2022 | € 667 million |
Telekom Romania (separate parts of subsidiary)Word for word“In October 2024, we announced that, along with Digi Romania, we have signed a memorandum of understanding with Hellenic Telecommunications in relation to a potential acquisition of separate parts of its subsidiary Telekom Romania.” 20-F for 2025 | agreed acquisition | October 2024 | — |
TPG fixed network infrastructure assets and enterprise, government and wholesale fixed telecommunications services businessWord for word“In October 2024, TPG announced the sale of its fixed network infrastructure assets and enterprise, government and wholesale fixed telecommunications services business for AU$5.25 billion.” 20-F for 2025 | agreed divestiture | October 2024 | AU$5.25 billion |
Three UK (Hutchison 3G UK Holdings Limited)Word for word“On 31 May 2025, we completed the merger of Vodafone UK and Three UK.” 20-F for 2026 | merger | 31 May 2025 | — |
Telekom Romania Mobile Communications S.AWord for word“On 1 October 2025, we completed the acquisition of assets of Telekom Romania Mobile Communications S.A for € 30 million, strengthening our position in the market.” 20-F for 2026 | acquisition | 1 October 2025 | € 30 million |
SkaylinkWord for word“In December 2025, we completed the acquisition of Skaylink, a cloud, digital transformation and security specialist.” 20-F for 2026 | acquisition | December 2025 | — |
VodafoneZiggo Group Holding B.V.Word for word“On 18 February 2026, we announced our agreement to sell our interests in VodafoneZiggo Group Holding B.V. to Liberty Global plc for € 1.0 billion in cash and a 10% shareholding in a soon-to-be-formed Benelux entity, which will own 100% of both VodafoneZiggo and Liberty Global’s Belgian subsidiary, Telenet Group Holding.” 20-F for 2026 | agreed divestiture | 18 February 2026 | € 1.0 billion in cash and a 10% shareholding |
VodafoneThree joint venture (CK Hutchison's 49% interest)Word for word“On 5 May 2026, we announced to take full ownership of the VodafoneThree joint venture for £4.3 billion ( € 4.9 billion).” 20-F for 2026 | agreed acquisition | 5 May 2026 | £4.3 billion ( € 4.9 billion) |
Read from Vodafone Group’s annual reports (20-F for 2026, 20-F for 2025, 20-F for 2024) and the financial data it files with the SEC, as of 2026-05-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.