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Vodafone dials up full control of VodafoneThree

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Vodafone dials up full control of joint venture with Three in £4.3B deal

CK Hutchison takes early cash as UK mobile tie-up moves ahead of schedule

Vodafone has struck a deal to take full ownership of VodafoneThree, the mobile network formed from last year's merger of its British operations with Three, in a move designed to accelerate its UK ambitions.

The £4.3 billion ($5.8 billion) agreement will see Vodafone Group buy out Three parent CK Hutchison Group's 49 percent minority stake, pending regulatory approval, in the second half of 2026.

The move came sooner than most industry watchers expected as the merger only completed last June, and the original terms gave Vodafone the right to bid for CK Hutchison's stake after three years. Market intelligence firm Megabuyte values VodafoneThree at £13.85 billion under the deal, some £2.65 billion below the original £16.5 billion threshold.

"CK Hutchison is taking a...

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AWS says hackers tried to exploit PHP security issues days before fix — as Cloudflare CEO says it saw a huge rise…

* Evidence suggests PHP2Shell exploitation began days before public disclosure, indicating prior attacker knowledge * Researchers say real-world attacks remain limited, though exploitation attempts rapidly surged after disclosure * Millions of PHP systems remain exposed, with experts urging immediate patching of supported versions The exploitation of php2shell began four days before the vulnerabilities