Whatco

Vodafone

Telecommunications · United Kingdom

Vodafone sells mobile and fixed connectivity to about 300 million customers in Europe and Africa, plus business services, IoT and mobile money through Vodacom and M-Pesa.

What makes it different

Vodafone runs a mobile money service in Africa.

29.3MActive M-Pesa users in Vodacom internationalFY2026

M-Pesa lets customers send and spend money from a phone, and it already brings in nearly a third of service revenue in Vodacom's international markets.

How big it is

How big is Vodafone?

€40.5BRevenueFY2026
279MMobile customersFY2026
91KEmployeesFY2026
How it makes money FY2026

Mostly service fees.

  • Service revenue83%€33.5B
  • Equipment revenue12%€4.8B
  • Other revenue and interest5%€2.2B
How the business works

Run networks. Grow Africa. Sell the rest.

  1. 1Mobile and fixed networks
  2. 2Africa and mobile money
  3. 3Weaker markets and stakes

Spain, Italy and VodafoneZiggo have been sold to leave fewer, stronger markets and fund share buybacks.

Who owns it
  • Emirates Telecommunications Group (e&)17.005026%
  • BlackRock, Inc.6.5%
  • Norges Bank3.0004%

CEO: Margherita Della Valle

Who it competes with
Key moments
  1. 2000Verizon Wireless is formed with Bell Atlantic
  2. 2014Sale of the 45% stake in Verizon Wireless
  3. 2024Vodafone Spain sold to Zegona
  4. 2025Vodafone Italy sold to Swisscom for €7.9 billion
  5. 2025Vodafone UK and Three UK merge into VodafoneThree
Sources

Every number on this page comes from Vodafone's own reports.

Full profile

The rest of the story is in the app.

What Vodafone tracks25 metrics
Mobile customers
Fixed broadband customers
FinTech users
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
Germany
UK
Africa
The full timeline10 moments
2013
2022
2026
Vodafone vs Deutsche Telekomside by side
Revenue
Profit
People
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