Vodafone, Three UK accelerate talks for merger of British operations - Sky News

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

LONDON : Vodafone and CK Hutchison, the owner of Three UK, have accelerated talks about a deal to combine their British operations, Sky News reported on Monday.The two parties are hopeful of striking a deal by the end of the year to establish a joint venture or another form of combination, the report said

LONDON : Vodafone and CK Hutchison, the owner of Three UK, have accelerated talks about a deal to combine their British operations, Sky News reported on Monday.

A deal would create a market-leading business with some 27 million customer connections - making it larger than Virgin Media O2 and BT Group's EE, Sky added.Shares in Vodafone jumped after the report and were up 2 per cent at 103.16 pence by 0950 GMT, compared with a 0.8 per cent fall in the FTSE 100.

 

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:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines