The UK CMA clears the £15B Vodafone-Three deal after a 10-month inquiry, subject to investing £11B in UK digital infrastructure, creating the UK's biggest telco
- CMA approved the merger with Three in UK on Thursday — Europe's telcos have spent years lobbying for consolidation
Bloomberg Jillian Deutsch
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Discussion
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@cmagovuk
@cmagovuk
on x
We've cleared #Vodafone's merger with #Three, subject to the companies agreeing to legally binding commitments, including to invest billions in rolling out a combined #5G network across the UK. This would ensure the merger boosts competition in UK mobile #telecoms. [video]
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@tomvalletti
Tommaso Valletti
on x
Today I feel the desire to express my disagreement. As expected, the Vodafone/Three UK mobile merger is approved. My reactions: 1) Prices will go up. Investments will hardly be affected. People will suffer. The UK will suffer as essential infrastructure will become more expensive
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@vodafonegroup
@vodafonegroup
on x
After 18 months of detailed and thorough analysis, the CMA has approved the combination of Vodafone and Three in the UK. The merger is a once-in-a-generation opportunity to transform the UK's digital infrastructure.
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@tomwarren
Tom Warren
on x
Vodafone and Three are now clear to merge and become the UK's biggest mobile operator. UK regulators have cleared the path for the £16.5 billion ($21 billion) merger, as long as both parties commit to upgrading nationwide 5G coverage https://www.theverge.com/...