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Q1 2026 Telecom Groups' financials highlight Asset Consolidation and CAPEX reductions across Europe

12/06/2026 · Article 🆕
Vodafone is entering its new fiscal year with a simpler and leaner business. It sold its assets in Spain and Italy back in 2024, and is now repositioning itself as a market leader in the UK with the acquisition of its co-owner’s shares, CK Hutchison, to take full control of VodafoneThree. The group’s European revenues increased by 9.9% year-on-year for Q1 (+8.4% for their total fiscal year FY2026 that closed in March), which is the fastest revenue increase across all major reporting telecommunications groups in Europe. Orange’s revenues in Europe progressed by 1.9% year-on-year. Two significant moves are impacting European
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