Vodafone and Three UK Pledge Price Caps After Merger Concerns

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 29 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 61%

Technology News

Merger,Vodafone,Three UK

Vodafone and Three UK have agreed to maintain retail mobile tariffs at £10 or below for at least two years after their proposed merger to address concerns from the British watchdog about reduced competition.

Vodafone and Three UK have pledged to maintain retail mobile tariffs at £10 or below for at least two years after their proposed merger, in response to a British watchdog's insistence their alliance would lessen local competition.

On retail pricing, the duo said:"while our view is that the CMA's concerns about price increases are unfounded, we will commit to maintaining tariffs at £10 or below for two years from the completion of the merger for value-focused customers on the SMARTY brand, social tariffs on both the SMARTY and VOXI For Now brands, and continue measures to protect registered vulnerable customers.

On the wholesale concerns, Vodafone and Three said"we will provide a reference offer that encourages MVNOs to access our additional network capacity."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tens of millions could pay more if Vodafone-Three merger goes ahead, CMA warnsTens of millions of mobile phone users could end up paying more if the merger between Vodafone and Three goes ahead, the competition watchdog has warned.
Source: SkyNews - 🏆 35. / 67 Read more »

Vodafone-Three merger could push up phone bills for millionsUK deal will hit customers least able to afford mobile services, regulator says
Source: i newspaper - 🏆 8. / 89 Read more »

Vodafone and Three merger 'could increase bills for millions of users'The merger could result in an increase in mobile phone bills
Source: LiveLancs - 🏆 10. / 87 Read more »