Vodafone and Three announce UK merger

Vodafone and Three-owner CK Hutchison have officially announced the merger of their UK operations, a move that is set to create the largest operator in the country.

After several months of speculation and discussions, Vodafone and CK Hutchison made the long-awaited announcement on Wednesday, unveiling the details of the merger. The merger aims to enhance competition and stimulate investment with a commitment of $14 billion in the UK.

According to the agreement, Vodafone...

14 June 2023 | 5G

Vodafone UK and Three to announce merger ‘Friday or early next week’

Vodafone and Three-owner CK Hutchison are expected to announce the merger of their British operations “as soon as Friday or early next week”.

The report comes via Reuters which cited three sources familiar with the plans. According to the sources, the long-anticipated merger is now in its final stages.

According to insiders, the structure of the deal will adhere to Vodafone's previous announcement in October. Under the arrangement, Vodafone would own 51 percent of...

7 June 2023 | 5G

Vodafone and Three prepare to announce merger

Vodafone and Three are close to agreeing on a merger of their UK telecoms businesses, creating the biggest mobile operator in the country.

The deal is expected to be worth £15 billion ($19 billion) and will knock BT-owned EE from the top spot in terms of mobile subscribers.

The merged company's equity is valued at around £9 billion, with £6 billion in debt. The merger is expected to be agreed this month, with a formal announcement due to be made "very...

4 May 2023 | 5G