Vodafone (GB:VOD) has released an update.
Vodafone and Three UK are challenging the Competition and Markets Authority’s (CMA) provisional findings that their proposed merger could harm competition and lead to higher prices. They argue the merger will invest £11bn into UK digital infrastructure, enhance network quality for over 50 million customers, and provide robust competition in the wholesale market. The companies are working to address the CMA’s concerns and secure approval for the merger, which they assert will not lead to increased prices but will foster growth, customer benefits, and wider societal advantages.
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