Source data
Vodafone and Three UK combination, ownership and monitoring milestones
Sources checked
- 4 April 2024In-depth merger review opened
CMA referred the proposed UK joint venture for phase two review. Source 1
- 5 December 2024Final report published
CMA said the merger could proceed if binding commitments addressed its concerns. Source 2
- 28 March 2025Undertakings accepted
The commitments covered network delivery, selected retail plans and wholesale terms. Source 2
- 31 May 2025VodafoneThree transaction closed
Vodafone held 51% and CK Hutchison's subsidiary held 49%. Source 3
- 30 July 2026Vodafone took sole ownership
CK Hutchison's interest was bought out through a cancellation of shares. Source 1
- 29 September 2026CMA published the first annual progress report
A non-confidential version was published under the original undertakings. Source 1
The two transactions had different effects on the operating business and its shareholders.
Vodafone and Three UK combination, ownership and monitoring milestones
Dates mark distinct corporate or regulatory events. The closing announcement describes the initial ownership and the CMA case page records the later buyout.
| Source | |||
|---|---|---|---|
| 4 April 2024 | In-depth merger review opened | CMA referred the proposed UK joint venture for phase two review. | Source 1 |
| 5 December 2024 | Final report published | CMA said the merger could proceed if binding commitments addressed its concerns. | Source 2 |
| 28 March 2025 | Undertakings accepted | The commitments covered network delivery, selected retail plans and wholesale terms. | Source 2 |
| 31 May 2025 | VodafoneThree transaction closed | Vodafone held 51% and CK Hutchison's subsidiary held 49%. | Source 3 |
| 30 July 2026 | Vodafone took sole ownership | CK Hutchison's interest was bought out through a cancellation of shares. | Source 1 |
| 29 September 2026 | CMA published the first annual progress report | A non-confidential version was published under the original undertakings. | Source 1 |