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Vodafone Group Plc announced on 01 September 2026 that Societe Generale S.A. has agreed to acquire a 50% shareholding in OXG Glasfaser Beteiligungs-GmbH, Vodafone's fibre joint venture in Germany. This 50% shareholding will be acquired from Geodesia Holding S.à r.l. The transaction is subject to customary regulatory approvals and closing conditions.
| Date | 1 Sept 2026 |
| Time | 07:00:14 |
| Category | Acquisitions and alliances |
| ID | 7335S |
1 SEPTEMBER 2026
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OXG secures new shareholder and funding |
Vodafone Group Plc ("Vodafone") announces that OXG, its fibre joint venture in Germany, will have a new shareholder with Societe Generale S.A. agreeing to acquire a 50% shareholding in OXG Glasfaser Beteiligungs-GmbH ("OXG") from Geodesia Holding S.à r.l.
The transaction secures a committed funding partner in OXG, enabling the continued expansion of its fibre network in Germany, while maintaining strategic flexibility for Vodafone.
The transaction remains subject to customary regulatory approvals and closing conditions.
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Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679 |
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About Vodafone Group
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We serve around 370 million mobile and broadband customers, operating networks in 17 countries with investments in a further three and partners in over 40 more. We have capacity on more than 70 subsea cable systems - the backbone of the internet - and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world's largest IoT platforms, with over 240 million IoT connections globally, and we provide financial services to around 103 million customers across eight African countries - managing more transactions than any other provider.
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