According to Bloomberg report (opens in new tab) Vodafone UK and Three UK are in talks to complete a merger, creating the UK’s largest mobile operator.
Bloomberg reported that Vodafone and Three will announce their merger in March 2023. The two companies are said to be actively discussing how to address antitrust concerns.
The two telecoms are also reportedly considering how Hong Kong-based CK Hutchison will exit the joint venture.
October 2022, Vodafone Group clearly (opens in new tab) Intention to merge Three and Vodafone UK.
5G deployment Vodafone further revealed that a potential transaction between the two companies could combine their UK operations, with Vodafone owning 51% and CK Hutchison owning a 49% stake. bottom. The company said it needed to secure contracts to launch new telecom companies given the high cost of deploying and maintaining 5G network infrastructure.
Vodafone UK said: “By combining their businesses, Vodafone UK and Three UK will have the scale needed to accelerate the rollout of full 5G in the UK and extend broadband connectivity to rural communities and small businesses. can be obtained,” he said.
Vodafone said the combined business will “challenge two already-integrated players for all UK customers and provide competitive competitiveness to a third 5G network that is reliable, high quality and secure across the UK. Profit through access at a price.”
The Competitive Markets Authority will conduct a detailed review of this transaction before allowing it to proceed.
In August 2019, Three announced a 5G service offering high-speed 5G broadband connectivity in select areas of London. The company’s 5G coverage now reaches more than 400 locations across the country, according to the operator.
On 19 July 2019, Vodafone officially launched 5G services in Birmingham, Bristol, Cardiff, parts of Liverpool, London, Manchester, Sheffield and Glasgow.
Vodafone announced (opens in new tab) In January, it announced that it had become the first UK mobile operator to launch a 5G Standalone (5G SA) network.
Additionally, the telco has announced that select customers in London, Manchester and Liverpool with Oppo Find X3/X5Pro and Samsung Galaxy S21/S22 phones on the Unlimited Max plan will be able to participate in the 5G Sa trial.
Vodafone also revealed that it plans to test network steering. This technology allows the network to direct devices to the right connection (4G or 5G non-standalone) depending on the service being used.
Other major UK mobile operators include BT’s EE and Virgin Media O2.
Via: RCRWireless (opens in new tab)
