Vodafone saw growing service revenue in the first half, as the telecoms giant said it hopes to wrap up its merger with mobile network Three by early 2025.
The London-listed company said service revenue rose 1.7% year-on-year to 15.1 billion euros (£12.5 billion) despite a slump in Germany, its biggest market, because of a change in the law.
Vodafone said it expects to complete its tie up with Three UK early next year, as it waits for a final decision on the deal from the competition regulator on December 7.
The Competition and Markets Authority is investigating the deal, which would create the largest mobile operator in the UK, but has indicated it is likely to get the green light.
“We will continue to constructively engage with the CMA and remain confident that we can work with them to secure approval,” Vodafone said on Tuesday.
The merger forms a part of chief executive Margherita Della Valle’s turnaround plan at the company, which also includes selling businesses in Italy, Spain and other countries.
Vodafone…
