Vodafone and Three Merger Moves Closer to Approval
The UK's competition regulator signals potential approval, contingent on network upgrades and consumer protections.
- The Competition and Markets Authority (CMA) has provisionally indicated it may approve the Vodafone-Three merger if specific conditions are met.
- The merger would create the largest mobile network in the UK, surpassing Virgin Media O2 and BT's EE in customer numbers.
- To address concerns, Vodafone and Three have committed to a joint £11 billion investment in network upgrades over the next decade.
- Consumer protections include maintaining certain mobile tariffs for at least three years and offering competitive wholesale deals to Mobile Virtual Network Operators.
- The final decision from the CMA is expected by December 7, with the merger facing opposition from competitors like BT and Sky Mobile.