Vodafone Group PLC is a British multinational telecommunications company headquartered in Newbury, Berkshire, England. It originated as a subsidiary of Racal Electronics in 1984 and launched the UK's first cellular network in 1985. The name "Vodafone" is derived from "voice data fone," reflecting its focus on voice and data services over mobile phones. Over the years, Vodafone expanded through acquisitions and partnerships, becoming one of the world's leading telecom providers. In 1991, it was demerged from Racal and became Vodafone Group Plc. The company has since played a significant role in the global telecommunications industry.
Vodafone operates mobile and fixed networks in 15 countries and has stakes in a further seven through joint ventures and associates. It also partners with mobile networks in 43 additional countries. The company's services reach over 330 million customers worldwide, with a strong presence in Europe and Africa. Vodafone's operations are supported by its Vodafone Global Enterprise division, which provides telecommunications and IT services to corporate clients in 150 countries.
Vodafone offers a wide range of products and services, including mobile and fixed-line telephony, broadband, digital television, and Internet of Things (IoT) solutions. It is recognized as Europe's largest mobile and fixed network operator and operates one of the continent's most extensive 5G networks. In Africa, Vodafone leads in fintech and mobile payments through its M-PESA platform, which provides financial services to millions of users.
Vodafone has undertaken significant restructuring to streamline its operations and focus on core markets. This includes the sale of its Italian and Spanish units and a proposed merger with CK Hutchison's Three in the UK, aiming to create the country's largest mobile network operator. Despite challenges, such as a €4.4 billion impairment in its German division, Vodafone remains optimistic about growth prospects in key markets. The company is also investing in 5G infrastructure and expanding its services in Africa to drive future growth.