Vodafone Group PLC

VOD: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Awaiting a Cost Plan From Vodafone That Solidifies the Turnaround Story

Javier Correonero

May 12, 2026

Business Strategy and Outlook

Vodafone is a telecommunications conglomerate present in more than 20 countries around the world. Its most important markets are Germany and the United Kingdom. Vodafone has historically been a mobile player, but in the last decade, it has carried out several deals to solidify its fixed-line presence, acquiring two cable networks in Germany: Kabel Deutschland (2013) and Liberty Global Germany (2019).

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Vodafone Group PLC

Awaiting a Cost Plan From Vodafone That Solidifies the Turnaround Story

Business Strategy and Outlook

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