Vodafone Group Plc (LSE: VOD) is a British multinational telecommunications company headquartered in London. Founded in 1984, Vodafone has grown to become one of the world's largest mobile telecommunications providers.
Vodafone operates mobile and fixed networks in 17 countries and has partner networks in over 40 additional countries. Its core business involves providing mobile and fixed connectivity services to consumers and businesses. As of 2024, Vodafone has approximately 300 million mobile customers globally.
The company's operations are structured into three main business lines:
Europe Consumer: Providing mobile and fixed services to retail customers across European markets
Vodafone Business: Offering communications and digital services to enterprise customers globally
Africa Consumer: Mobile services focused on African markets, particularly through its Vodacom subsidiary
In addition to core connectivity, Vodafone has expanded into areas like the internet of Things (IoT), cloud services, and digital payments. The company has made significant investments in 5G network rollouts across its key markets.
In recent years, Vodafone has undertaken a strategic transformation, including portfolio reshaping through mergers and divestments. In 2023, the company announced plans to merge its UK operations with Three UK, which would create the country's largest mobile network if approved by regulators.
For the fiscal year 2024, Vodafone reported total revenue of EUR 36.7 billion and adjusted EBITDA of EUR 11.0 billion. The company's strategy focuses on improving customer experience, simplifying operations, and driving growth in key segments like business services.
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