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Vodafone boss says prices won't rise after Three 'mega-merger'

The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.

The £16.5bn deal can go-ahead if both companies agree to invest billions in the country's 5G network and also cap certain mobile tariffs and data for at least three years to protect new and existing customers from "short-term" price rises. The Competition and Markets Authority (CMA) had previously raised concerns that the Vodafone and Three merger could drive up people's bills. But Stuart McIntosh, who led the watchdog's probe into the deal, said it would "likely to boost competition" in the mobile sector and should be allowed to proceed - but only if the firms agree to the measures.

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