Vodafone and Three merger 'could increase bills for millions of users'

Mobile phone merger between Vodafone and Three could increase bills for millions of users, the UK’s competition watchdog has found.

On the other hand, the merger could improve the quality of mobile networks and accelerate the next generation of 5G services being rolled out. Stuart McIntosh, chair of the inquiry group leading the CMA’s investigation, said: “We’ve taken a thorough, considered approach to investigating this merger, weighing up the investment the companies say they will make in enhancing network quality and boosting 5G connectivity against the significant costs to customers and rival virtual networks.”

They also dispute price increases, arguing they will broadly stay the same or drop post-merger. Margherita Della Valle, Vodafone’s chief executive, said: “Our merger is a catalyst for change.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vodafone-Three merger could push up phone bills for millionsUK deal will hit customers least able to afford mobile services, regulator says
Source: i newspaper - 🏆 8. / 89 Read more »

Tens of millions could pay more if Vodafone-Three merger goes ahead, CMA warnsTens of millions of mobile phone users could end up paying more if the merger between Vodafone and Three goes ahead, the competition watchdog has warned.
Source: SkyNews - 🏆 35. / 67 Read more »