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Societe Generale to Buy 50% of Vodafone’s OXG Fibre Joint Venture

Vodafone logoVodafone
Sig2.42Sen+2.68Env+0.20Soc+0.65Gov+1.08

Vodafone says its German fibre joint venture OXG will gain a new 50% shareholder after Societe Generale agrees to acquire Geodesia Holding’s stake in OXG Glasfaser Beteiligungs-GmbH. The deal secures committed funding to support OXG’s continued expansion of the fibre network, while preserving Vodafone’s strategic flexibility. Closing depends on customary regulatory approvals and conditions.

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