Reported 20 days ago
The UK's Competition and Markets Authority has indicated that the $19 billion merger between Vodafone and Hutchison's Three UK is likely to be approved, as the country's need for investment surpasses short-term competition concerns. This marks a shift in the regulator's stance, which traditionally favored maintaining at least four mobile operators to keep prices low. The merger aims to bolster the UK's digital infrastructure and enhance investment in 5G, with a final decision expected by December 7.
Source: YAHOO