UK regulator paves way for £16.5bn Vodafone-Three merger

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Financial Times 2w ago

UK regulator paves way for £16.5bn Vodafone-Three merger - Financial Times

Quick Summary:

The tie-up, first announced in 2023, would reduce the number of operators in the UK from four to three and is expected to create Britain’s largest mobile operator if it gains approval.

However, they added it was “essential that balance is preserved through to the end of the process, reflecting that the parties have offered extensive remedies, including by making their future network rollout fully enforceable”.

The CMA’s announcement comes after the regulator said in September that the merger could lead to higher bills for tens of millions of customers and demanded changes if the deal was to go ahead.