Vodafone’s Largest Shareholder Changes as Xavier Niel Buys £4.4 Billion Stake
French billionaire Xavier Niel has become Vodafone’s largest shareholder after acquiring a 16.21% stake worth approximately £4.4 billion from UAE telecom group e&.
The transaction marks one of the largest telecom investments of the year and strengthens Niel’s influence over Vodafone as the company continues restructuring and expanding across Europe. The change in ownership comes as Vodafone focuses on improving profitability, streamlining operations, and investing in next-generation mobile and broadband networks.
Analysts say the move could increase investor confidence while fueling speculation about Vodafone’s future strategic direction, including possible partnerships or additional corporate transactions. source