Vodafone Germany still broken, but CEO Della Valle spotlights signs of repair

Joe Purnell2026-11-11T16:08:00

Source: Vodafone

Vodafone Group chief Margherita Della Valle is urging investors to look beyond another gloomy set of German numbers, arguing that B2B growth, improving broadband economics, and a leaner operating model provide evidence that the long-promised turnaround is taking shape beneath continued ‘disappointing’ performance.

This article includes:

Themes: Broadband ARPU; Business services; Customer experience; Fibre broadband; Fibre investment; Mobile competition; Restructuring; Service revenue.
Events: Vodafone Group Q2/H1 FY26–27 results.
People: Margherita Della Valle; Pilar López.
Geographic: Germany.
Organisations: Deutsche Telekom; OXG Glasfaser; Verbraucherzentrale Bundesverband; Vodafone; Vodafone Business; Vodafone Germany.

This is subscription-only content. Subscribe now.

Already a subscriber? Sign in here, or contact us to check if your company has access.

Go Pro: Subscribe to TelcoTitans

Get full access to all TelcoTitans premium telco and digital infra content by subscribing today.

TelcoTitans.com Professional subscriptions include:

Full access to all TelcoTitans online news, insight and analysis
Exclusive Analyst Briefings and 10+ premium newsletters
Industry-leading insight and analysis that you simply cannot get anywhere else

“Super intelligence, consistently high quality, compact and easy to digest” – Deloitte.

Subscribe to TelcoTitans Professional today