Mobile phone giant VodafoneThree has revealed plans to ramp up cost cutting in the UK to £1 billion by 2032 as it continues to make savings after last year’s mega merger.
Vodafone’s UK business, which became VodafoneThree after merging with Three UK in 2025 to create a firm valued at nearly £14 billion including debts, has earmarked another £300 million of annual cost cuts on top of the original £700 million-a-year target.