Vodafone Group Plc shares fell after fiscal third quarter results revealed a further softening in its German operations.Organic service revenue in the country fell by 6.4% in the quarter, the company said in a statement on Tuesday.

European mobile group Vodafone reported another deterioration in Germany, its biggest market, in its third quarter, a weak point amid otherwise stronger trading in Britain, Turkey and Africa.

The company’s stock fell after the group reported a sharp revenue decline in Germany, its biggest market, reflecting a TV law change in the country and a more competitive environment.

Vodafone shares have plunged more than six per cent in early trade this morning after the FTSE 100 giant reported its third-quarter results. While the group reported overall service revenue growth of 5.

Despite overall service revenue growth of 5.2% for the third quarter of fiscal 2025, Vodafone's performance in Germany remained a critical drag, with service revenue in the country declining by 6.4%. Germany has been Vodafone’s largest market, and the persistent revenue weakness there underscores broader structural challenges.