Vodafone & Three agree deal to create UK’s largest mobile firm
Vodafone and Three to create the UK's biggest mobile phone operator
Mobile phone giants Vodafone and Three have agreed to a merger which would create the UK’s biggest mobile operator.
The merger needs to secure regulatory approval, which could be a tall order given the likely concerns over diminished competition and consumer choice.
If it is allowed, the merger would serve around 28million customers, surpassing EE and Virgin Media O2.
Vodafone’s UK boss, Ahmed Essam, who will retain his role in the merged firm, said: “As we go into the coming weeks, we are going to bring the case to the CMA. We believe that this case stands on very strong grounds.
“We’re very confident on our case.”
