Q1 in-depth: Germany begins fightback

Joe Purnell2025-07-31T08:36:00

Source: Vodafone

Q1 FY25–26: work to fix Vodafone Germany after years of decline is now beginning to pay off, management claims, and the OpCo is tracking to a return to growth (from a dwindling base) by year’s end. Elsewhere, Vodafone reports positive moves across the footprint put the group on course…

This article includes:

Themes: Market stabilisation; Integration impacts; Fixed line ARPU; Service revenue performance; Organic growth trends; Regional divergence; B2B resilience; Strategic repositioning; Inflation impact; Turnaround narrative.
Events: Vodafone Q1 FY25–26 results; Indus Towers divestiture; VodafoneThree integration.
People: Luka Mucic; Margherita Della Valle; Shameel Joosub.
Geographic: Germany; United Kingdom; Portugal; Greece; Ireland; Turkey; South Africa; Egypt; Mozambique; Lesotho; DRC; Tanzania.
Organisations: Vodafone Group; Vodafone Germany; Vodafone UK; Vodacom; Digi.

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