Sky News published this video item, entitled “EXCLUSIVE: Vodafone UK merger with Three UK to ‘accelerate growth & investments’- Vodafone UK CEO” – below is their description.
Vodafone last week announced plans to merge with Three UK in what would be the biggest reshaping of the mobile telephony market in more than a decade.
The third and fourth largest operators in the sector would become the biggest player by getting together – leapfrogging EE and Virgin Media O2. It would have nearly 28million customers and be worth at least £16.5billion.
But it faces a lengthy investigation by both the Competition and Markets Authority and will require approval under the UK National Security and Investment Act.
Vodafone UK Chief Executive, Ahmed Essam has told Ian King the merger will “accelerate growth and investments in the UK.”
#vodafone #merger #skynews
Sky News YouTube Channel
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