Vodafone Group and Telenor Group have announced a new strategic partnership between their respective global procurement organisations, Telenor Procurement Company and Vodafone Procurement Company. The strategic partnership aims to leverage the scale and global capabilities of both groups across major areas of procurement.
Telenor and Vodafone serve over 550 million customers across 23 countries. Together, Telenor Procurement Company and Vodafone Procurement Company leverage a combined annual spend of more than 26 billion NOK 300 billion.
The partnership aims to create value for its customers and unlock savings through combined purchasing power and complementary geographies and expertise. In addition, the partnership will deepen supplier and partner engagement and strengthen supply chain resilience amid a rapidly changing geopolitical global landscape.
