UK Regulator Signals Possible Approval for £15 Billion Vodafone-Three Merger with Remedies

Nov 5, 2024, 07:37 AM

The UK’s competition regulator has indicated that the £15 billion merger between Vodafone and Three could be approved if the companies commit to investing in upgrades across the country’s mobile network. Analysts say that this potential approval comes with the condition that Vodafone and Three enact specific remedies. The regulator has outlined these remedies, valued at £16.5bn, as necessary for the merger to proceed. Additionally, there is a promise of 'world class' telecoms as part of the deal.