Telenor and Vodafone Agree Strategic Procurement Partnership
By Dominic Chopping
Telecommunications providers Telenor and Vodafone agreed on a new strategic partnership that will see them team up on procurement to save costs and strengthen supply chains.
Norway's Telenor and U.K.-based Vodafone said Wednesday that their global procurement organizations will work together to leverage the scale and global capabilities of both groups in their sourcing activities.
Telenor and Vodafone together serve over 550 million customers across 23 countries, with their procurement departments spending more than 26 billion euros ($30.51 billion) combined each year.
The partnership aims to unlock savings through joint purchasing power and complementary geographies and expertise, while strengthening supply chain resilience amid a rapidly changing global geopolitical landscape. It also aims to reduce administrative burden and duplication while creating new opportunities with suppliers and partners.
"Collaborating with Vodafone, we will expand our reach, address common challenges, and navigate a reshaped global supplier landscape driven by ongoing geopolitical and technological shifts," Telenor's Chief Procurement Officer Thomas Skjelbred said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
October 01, 2025 02:42 ET (06:42 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
2 Undervalued Stocks to Buy Before They Rebound
The 10 Best Dividend Stocks
12 Best Blue-Chip Stocks to Buy for the Long Term
United States