Vodafone in talks for UK merger with Hutchison's Three

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Vodafone is in talks with CK Hutchison about merging their businesses in Britain to create a market leading mobile network that could accelerate the roll-out of 5G services and expand broadband availability.

about merging their businesses in Britain to create a market leading mobile network that could accelerate the roll-out of 5G services and expand broadband availability.

Vodafone Chief Executive Nick Read said in February the company was pursuing mergers in multiple European markets to improve returns where players barely cover the costs of the capital required to invest in networks. Vodafone noted in its statement that regulator Ofcom had described Vodafone UK and Three UK as sub-scale operators, which lacked the size to earn their cost of capital and therefore could fall further behind the two market leaders.

Vodafone said on Monday the merger could bring benefits through "competitively priced access" to larger 5G network, for example for mobile virtual network operators.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 2. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Would that mean if your on Vodafone you would get 3’s signal too?

Nederland Laatste Nieuws, Nederland Headlines