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Vodafone and Three’s $19B merger cleared by UK regulators — with conditions
The U.K. has greenlighted the longstanding planned merger between two of the country's biggest telecommunication operators.
Then in September, the CMA delivered its provisional findings, concluding that the merger could lead to higher prices for consumers, diminished services, and reduced investment in U.K. mobile networks. “It’s crucial this merger doesn’t harm competition, which is why we’ve spent time considering how it could impact the telecoms market,” Stuart McIntosh, chair of the CMA’s inquiry committee said in a statement. “Having carefully considered the evidence, as well as the extensive feedback we have received, we believe the merger is likely to boost competition in the U.K. mobile sector and should be allowed to proceed — but only if Vodafone and Three agree to implement our proposed measures.”
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