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View Full Version : Vodafone and 3mobile agree UK merger to create biggest mobile player


arista
14-06-2023, 04:16 PM
https://i.dailymail.co.uk/1s/2023/06/14/16/72133467-0-image-m-260_1686756759683.jpg


[A deal that would create the country's
biggest mobile phone operator has been
struck by Vodafone and the owner
of Three UK, CK Hutchison.
The new combined group,
which will comprise only their respective
UK operations, will be majority-owned
by Vodafone with 51% of the equity.

The merger, if approved by regulators,
will create a group with a combined
27 million mobile customers.

It would mean that BT-owned EE would
lose its number one position in the market
by customer numbers.
The merger would also see
the combined group overtake O2.

But the Competition and Markets Authority
is likely to be concerned that the proposal
will lead to weaker competition.]


https://news.sky.com/story/vodafone-and-three-agree-uk-merger-to-create-biggest-mobile-player-worth-15bn-12899033

bots
14-06-2023, 04:29 PM
yeah, i think from a competition point of view, this is bad news

arista
13-09-2024, 10:55 AM
[Vodafone and Three revealed plans
to merge their UK-based operations
in June last year,
creating the biggest mobile network
in the UK with around
27 million customers.
But the CMA provisionally concluded
on Wednesday that such a deal would
lead to a "substantial lessening
in competition".]



Some in the Business World think
this will now go ahead.

7th of December we find out


https://www.theguardian.com/business/2024/sep/13/vodafone-three-merger-tens-of-millions-could-face-higher-bills-says-uk-watchdog