Vodafone and Virgin Media O2 Extend Network Sharing Agreement Amid Three Merger Talks
The decade-long pact aims to balance spectrum allocation and enhance competition as Vodafone's merger with Three faces regulatory scrutiny.
- Vodafone and Virgin Media O2 have extended their network sharing agreement for over a decade.
- The agreement includes provisions for spectrum transfer to Virgin Media O2 if Vodafone's merger with Three is approved.
- The merger aims to create a stronger third player in the UK mobile market, enhancing competition and infrastructure investment.
- BT has raised concerns about the merger, fearing it could lead to a disproportionate share of capacity and spectrum.
- Vodafone has committed to investing £11 billion in telecoms technology, promising significant economic benefits by 2030.