Mobile phone giant VodafoneThree has announced plans to scale up its UK cost-cutting target to £1 billion annually by 2032, continuing to extract efficiencies in the wake of last year’s landmark merger.
The operator, which was formed in 2025 when Vodafone merged its UK operation with Three UK to create an enterprise valued at almost £14 billion including debts, has earmarked a further £300 million in annual savings above its initial £700 million-a-year goal.
