Vodafone's £16.5bn mega-merger with Three gets the green light from the competition regulator
1 month ago

Vodafone's £16.5bn mega-merger with Three gets the green light from the competition regulator

Daily Mail  

Vodafone's mega-merger with rival network Three has been given the green light by the competition regulator. The UK’s Competition and Markets Authority cleared the way for the £16.5billion tie-up on condition that both companies invest billions in the UK’s 5G mobile network as well as cap prices on their lowest-cost mobile plans. Approved: Vodafone's mega-merger with rival network Three will create the largest mobile network in the UK, with 27m customers Vodafone will hold a 51 per cent stake in the new group. Stuart McIntosh, chairman of the independent inquiry group leading the investigation into the tie-up, said: ‘Having carefully considered the evidence, as well as the extensive feedback we have received, we believe the merger is likely to boost competition in the UK mobile sector and should be allowed to proceed - but only if Vodafone and Three agree to implement our proposed measures.’ Vodafone boss Margherita Della Valle said the deal would create ‘a new force in the UK’s telecoms market’ and provide customers with ‘wider coverage, faster speeds and better-quality connections’.

History of this topic

Keep your business connected with Vodafone Business network and broadband deals
6 days, 17 hours ago
Telecom war intensifies? Vi reportedly gears up for 5G rollout, plans 15% cheaper than Jio and Airtel
6 days, 23 hours ago
Vodafone Idea likely to launch 5G broadband services in March: Report
Trending News
1 week ago
Vodafone-Three merger: What does it mean for phone bills?
1 month ago
A firm ringing the changes: Vodafone has changed the narrative for UK and global takeovers, says ALEX BRUMMER
1 month ago
Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156
1 month, 3 weeks ago
The rich country with the worst mobile-phone service
1 month, 4 weeks ago
Vodafone and Three £15bn merger could get green light, UK watchdog says
2 months ago
Vodafone and Three £15bn merger on course for green light
2 months ago
Vodafone and Three UK promise £10-a-month price cap for some mobile deals
3 months, 1 week ago
Millions of Vodafone and Three customers could see their bills rise, officials warn
3 months, 3 weeks ago
Vodafone is back online following a three-hour outage that left thousands of Britons unable to use the internet on their smartphone
4 months, 3 weeks ago
Mega-merger of UK mobile networks faces investigation over price increase fear
9 months ago
Vodafone’s £15bn merger with Three to face in-depth competition investigation
9 months ago
The battle to take on BT in Britain’s brutal broadband war
10 months ago
Vodafone in advanced talks to sell Italian arm in £6.8bn deal
10 months, 1 week ago
Check your phone NOW: Vodafone has switched off its 3G network leaving millions of Britons unable to use the internet on their smartphones - how to see if you're affected
10 months, 1 week ago
Bid to build £15bn mobile titan would damage coverage upgrades, warns rival
10 months, 2 weeks ago
Three apologies after several days of mobile network issues
10 months, 3 weeks ago
Vodafone grows UK customers but Germany hit by price rises
11 months ago
Fears of Chinese influence prompt investigation into £15bn merger of Vodafone and Three
11 months ago
Vodafone loses thousands of customers after pushing through inflation-busting price rises
1 year, 1 month ago
Vodafone and Three merger could create jobs, firms claim
1 year, 2 months ago
Vodafone Idea seeks 30 more days to pay ₹1,680 cr spectrum auction instalment
1 year, 4 months ago
Vodafone and Three merger: What new deal actually means for you
1 year, 6 months ago
Ousted Vodafone boss picks up more than £4m in pay and bonuses in 2022-23
1 year, 6 months ago
Vodafone and Three unveil mega-merger to form UK’s biggest mobile operator
1 year, 6 months ago
Vodafone and Three are merging – is it time for a better mobile phone deal?
1 year, 6 months ago
Vodafone and Three to merge in multibillion-pound deal
1 year, 6 months ago
Vodafone announces massive layoffs, plans to cut 11000 jobs and reallocate resources
1 year, 7 months ago
Vodafone is implementing a huge phone change - how to see if YOU'RE affected
1 year, 7 months ago
Three’s network ‘unsustainable’ without Vodafone merger, bosses admit
1 year, 9 months ago
Data | Vodafone out of ideas: With Airtel and Jio going strong, duopoly concerns emerge in telecom sector
1 year, 11 months ago
Vodafone plans to cut costs by one billion euros amid energy and inflation hit
2 years, 1 month ago
Vodafone in Britain in talks about a merger with Hutchison's Three U.K.
2 years, 3 months ago
Vodafone and Three Mobile could strike merger deal by end of year
2 years, 3 months ago
Vodafone In Talks About Merger With Hutchison's Three UK
2 years, 3 months ago
Vodafone Idea expects 5G services to cost more than 4G, here is why
2 years, 5 months ago
Virgin Media O2 in early talks to buy TalkTalk
2 years, 5 months ago
Ensuring a competitive three-player telco market
2 years, 10 months ago
Pave the way for mobile mergers to speed up 5G rollout, says Vodafone chief
2 years, 11 months ago
Vi mobile broadband use soars, liquidity still at risk
4 years, 1 month ago
Vodafone Idea to move 3G users to 4G in phased manner
4 years, 3 months ago
Vodafone launches its 5G network
5 years, 6 months ago
Vodafone named UK's worst mobile phone network for eighth consecutive year
5 years, 8 months ago

Discover Related