Vodafone and Three UK Pledge Price Caps After Merger Concerns

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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."

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