
Vodafone is to take full ownership of its VodafoneThree business in the UK after striking a £4.3 billion deal to buy out partner CK Hutchison.
The VodafoneThree business was formed last year after the merger of mobile operators Vodafone and Three in the UK, with Vodafone taking a 51% stake in the joint venture and Hong Kong-based Three owner CK Hutchison taking a 49% stake.