Thursday, December 19, 2024

Vodafone and Three given approval to merge

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Vodafone and Three have been given the green light to create the UK’s largest mobile phone operator after agreeing to invest heavily in upgrading the merged group’s network across the country.

The Competition and Markets Authority (CMA) said the pair must commit to upgrading 5G coverage and offer short-term customer protections against price rises.

The merger of the UK’s third and fourth biggest operators respectively will create a network with more than 27 million subscribers.

The CMA indicated last month that it was likely to approve the deal, despite fierce opposition from rival BT and fears over the impact on customer bills and competition.

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