UK Regulators Approve Vodafone-Three $19B Merger
TL;DR Summary
The UK's Competition and Markets Authority has approved the $19 billion merger between Vodafone and Three, subject to conditions including significant investment in a 5G network and capping certain mobile tariffs. The merger will create a new market leader with 29 million customers, with Vodafone holding a 51% stake. The deal, expected to complete by 2025, aims to boost competition and improve network infrastructure, though its full benefits may take years to materialize.
- British regulators approve $19 billion Vodafone-Three mobile merger CNBC
- Vodafone and Three given approval to merge The Guardian
- Vodafone-Three’s £15 Billion Merger Wins UK Antitrust Approval Bloomberg
- Vodafone’s U.K.’s Merger With Three Conditionally Approved by Antitrust Regulator The Wall Street Journal
- Vodafone-Three merger finally given green light BBC.com
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 3 min read
Condensed
87%
577 → 73 words
Want the full story? Read the original article
Read on CNBC