Vodafone And Three Are Merging To Create One Big UK Carrier
Vodafone and Three have both announced that they plan to merge, creating a new company that will immediately become the biggest carrier in the United Kingdom.
The resulting company will be 51% owned by Vodafone, a press release confirming the merger said.
The two companies have released a new website that aims to share details about why the merger would be good for the UK and its 5G users.
Part of that is an £11 billion commitment to improve the 5G infrastructure across the UK, the two companies say. And that’s on top of what will see customers of the two companies gain improved connectivity and coverage as a result of the merger.
From day one, millions of customers of Vodafone UK and Three UK will enjoy a better network experience with greater coverage and reliability at no extra cost, including through certain flexible, contract-free offers with no annual price increases, and social tariffs.
There might be a hiccup in the plan, however. The UK’s Competition and Markets Authority (CMA) is likely to dive into whether this will make the carrier market less competitive as a result of the merger.
The UK will of course lose one carrier as a result of the merger, and as Microsoft and Activision have found out recently, the CMA isn’t guaranteed to side with technology companies.