British regulators approve $19 billion Vodafone-Three mobile merger

Britain's competition regulator on Thursday approved the merger between telecommunication firms Vodafone and Three in the U.K., subject to certain conditions.

Britain's competition regulator on Thursday approved the merger between telecommunication firms Vodafone and Three in the U.K., subject to certain conditions.The Competition and Markets Authority said the £15 billion tie-up should be allowed to proceed if both companies sign"binding commitments to invest billions" to roll out a combined 5G network across the U.K.

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