Three and Vodafone merger approved

The Competition and Markets Authority has approved the merger of Vodafone and Three in the UK.

Photo credit: Adobe Stock/Miha Creative

Discussing the move, a spokesperson said: “The merger is a once-in-a-generation opportunity to transform the UK’s digital infrastructure. Vodafone and Three have committed to invest £11 billion to create one of Europe’s most advanced 5G networks.

“The new network will reach 99 per cent of the population, and benefit over 50 million customers, through significantly better quality, greater reliability and enhanced capacity for handling ever-increasing data demand. This demand is set to accelerate further with more widespread adoption of new technology, such as artificial intelligence.

“The combination creates a new, stronger player in UK mobile, with the scale to drive more intense competition across both the retail and wholesale markets.”