Vodafone agrees a deal to take full control of VodafoneThree, the UK mobile network joint venture it formed with Three after the companies’ British merger last year. Multiple outlets report that Vodafone will buy CK Hutchison’s stake in the venture for £4.3 billion. The transaction is described as a move to increase Vodafone’s ownership and decision-making control over the UK business. Some reporting also notes the deal is structured to provide CK Hutchison with early cash as part of its exit from the joint venture, and that Vodafone says the venture has made “remarkable progress” since the merger, helping set up the step toward full ownership. The sources broadly agree on the headline details: VodafoneThree is formed from the UK merger of Vodafone and Three, and the buyout price is £4.3 billion. The reports do not present additional, differing figures or complications, focusing instead on the shift from shared ownership to Vodafone’s sole control of VodafoneThree.