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The Guardian - UK

Business

Julia Kollewe

Vodafone to take full control of UK mobile operator in £4.3bn deal

Vodafone CK Hutchison United Kingdom CK EE Hong Kong VodafoneThree Three Virgin Media O2

Vodafone completed its merger with former rival Three last June. Photograph: Pavlo Gonchar/SOPA Images/Shutterstock

Vodafone is to take full control of the UK’s biggest mobile operator in a £4.3bn buyout deal with the Hong Kong conglomerate CK Hutchison.

The billionaire Li Ka-shing’s business said it had agreed to sell its 49% stake in VodafoneThree – a network with more than 27 million subscribers – to its partner Vodafone.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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