Vodafone boss shrugs off Budget as company set to double-down on UK telecoms The boss of the FTSE 100 telecoms giant Vodafone has shrugged off suggestions Labour’s tax-raising Budget will have an impact on the business. Vodafone chief executive Margherita Della Valle estimated the Budget’s total cost to Vodafone at around £10m in a call with investors and analysts following its half-year results, published this morning. “In the [...]
Approval nears for £15bn Vodafone and Three merger Business A range of investments have been proposed by the competition watchdog which, if accepted, would lead to the £15bn merger between Vodafone and Three being finally completed. The Competition and Markets Authority (CMA) has suggested upgrading the merged company’s network across the UK, including the roll-out of 5G, as well as short-term customer protections. The [...]
Vodafone and Three hit back at regulator’s concerns in merger battle telecoms Vodafone and Three have pushed back against the regulator’s concerns over their proposed £15bn merger, insisting that “outstanding issues can be resolved,” following the latest findings from the Competition and Markets Authority (CMA). In a response published today, the telecom firms said they “remain confident” in the deal, which would combine two of the UK’s [...]
Analysts see ‘path to approval’ for Vodafone and Three deal September 13, 2024 Although Britain’s competition watchdog has raised fresh concerns over the proposed £15bn tie-up between Vodafone and Three’s UK operations, analysts have suggested the findings of the latest probe are more positive than expected. In its provisional findings, the Competition and Markets Authority (CMA) flagged potential price increases for millions of mobile customers and warned of [...]
Price rises and smaller data packages: Regulator voices concerns over Vodafone’s £15bn Three merger September 13, 2024 The planned £15bn merger between Vodafone and Three could lead to price increases for tens of millions of mobile customers, the Competition and Markets Authority (CMA) has warned. The watchdog added that the deal, which was first announced last year, could also see customers get a reduced service such as smaller data packages in their [...]
Vodafone-Three £15bn merger delayed further as CMA extends probe August 2, 2024 Vodafone and Three will have to wait longer before finding out if a £15bn planned merger has the seal of approval from the UK’s competition regulator.
Vodafone vows to boost competition in new network deal with Virgin Media O2 July 3, 2024 Vodafone and Virgin Media O2 have struck a new network agreement as the firms looks to reassure regulators of competition concerns in the telecoms sector.
Vodafone turnaround shows progress as it sweats on Three UK merger decision May 14, 2024 Vodafone’s recently-sold Italian and Spanish divisions were offloaded so the company could focus on its better performing businesses.