OXG secures new shareholder and funding

Summary by AI BETAClose X

Vodafone Group Plc announced that its German fibre joint venture, OXG, will welcome Societe Generale S.A. as a new 50% shareholder, acquiring its stake from Geodesia Holding S.à r.l. This transaction secures a committed funding partner for OXG, facilitating the continued expansion of its fibre network in Germany while allowing Vodafone to maintain strategic flexibility. The deal is contingent upon customary regulatory approvals and closing conditions.

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Vodafone Group Plc
01 September 2026
 

1 SEPTEMBER 2026


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



About Vodafone Group
everyone.connected

Vodafone is a leading European and African telecoms company.

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.

From the seabed to the stars, Vodafone's mission is to connect everyone.

For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.

 

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