Three and Vodafone merger talks 'progressive and positive' - Three UK CFO

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Three and Vodafone merger talks 'progressive and positive' - Three UK CFO
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The chief financial officer of Hutchison's Three UK said talks with Vodafone about combining their networks in Britain were 'progressive and positive', although he declined to comment on the outcome.

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"A merger of this size is complex, so there's a lot of moving parts and we just need to continue working through the list," Purkis said.

Complexities include the fact that Vodafone and Three are in separate network-sharing agreements, as well as untangling Vodafone UK's ties with its parent group.Purkis said Three was pleased overall with its progress in a challenging macroeconomic environment in 2022. The operator reported a 3% rise in revenue to 2.52 billion pounds , driven by a 6% increase in its active customer base to more than 10 million. Core earnings rose 3% to 612 million pounds.

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Like Vodafone cos they respect the privacy policy of the customers The question, why they are withdrawing from some countries? 🌍

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