Vodafone and Three’s big merger now in the hands of UK regulator

It took more than a year for a long-anticipated merger of Vodafone Group Plc and CK Hutchison Holdings Ltd.’s Three to come together. And it could take just as long for the deal to clear the antitrust and national security hurdles to come.Wednesday, would form the UK’s largest mobile operator by revenue — which in and of itself will prove a tricky proposition to take to Britain’s Competition and Markets Authority.in April Microsoft Corp.

Yet both companies have struggled to earn back their cost of capital in the country, leading to a sense of urgency to close the deal as the government seeks to show the UK is open for business post-Brexit. In 2016, Ofcom and the CMA opposed Three’s attempt to buy O2. The CMA ultimately referred the decision to the EU, which blocked it.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Vodafone UK and Three announce mergerTwo of the UK’s major mobile network operators aim to merge in a debt-restructuring deal.
Herkunft: mybroadband - 🏆 11. / 67 Weiterlesen »

Big consolidation hits UK mobile market - TechCentralVodafone and CK Hutchison have finally unveiled the £15-billion merger of their British mobile operations.
Herkunft: TechCentral - 🏆 8. / 71 Weiterlesen »

LIV to continue as scheduled in 2024 despite PGA merger, says Johnson - SABC NewsLIV Golf plans to go through with its schedule for the remainder of the year and 2024 despite the agreement to merge with the PGA Tour, former world number one Dustin Johnson said.
Herkunft: SABCNews - 🏆 37. / 51 Weiterlesen »

Vodafone UK and Three announce mergerTwo of the UK’s major mobile network operators aim to merge in a debt-restructuring deal.
Herkunft: mybroadband - 🏆 11. / 67 Weiterlesen »