Vodafone lifts Q3 revenue, aims for top end of 2026 targets
Vodafone reported solid growth in its fiscal Q3 and now expects to hit the upper end of its 2026 profit and cashflow guidance. Group revenue rose 6.5% year-on-year to €10.5 billion, helped by its African operations and the consolidation of 3 UK and Telekom Romania. Service revenue grew 7.3% to €8.5 billion, driven mainly by Turkiye and Africa, while Germany was flat. The operator has completed €3.5 billion of share buybacks and starts another €500 million tranche on 5 February.
CEO Margherita Della Valle pointed to steady service revenue growth and early progress integrating VodafoneThree in the UK following the merger with CK Hutchison’s 3, which closed at the end of May 2025. Vodafone does not publish net profit in these trading updates. Operating profit fell 52.7% to €483 million, which the company attributed to merger and acquisition activity and accounting effects in India.
More from Business
UAE-based operator group e& said Group CEO Hatem Dowidar will leave his post after six years in charge, ending a tenure marked by structural change an
Samsung shipped 46.6 million smartphones in Europe (excluding Russia) in 2025, taking a 35% share and the top spot in the market, according to researc
Meta has signed a multiyear agreement to buy millions of Nvidia processors to run its next phase of AI infrastructure, extending a relationship that a
Liberty Global will acquire Vodafone Group’s 50 percent share in their Dutch joint venture, VodafoneZiggo, taking full control of the company. The dea
Liberty Global, Telefónica and InfraVia have agreed to buy Substantial Group, the UK fibre network operator better known as Netomnia. The acquisition
Qatar’s Ooredoo Group is creating a separate company, Ooredoo Fibre Networks (OFN), to take over its international connectivity and subsea cable infra