[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-...-15bn-12899033