Vodafone and Virgin Media O2 extend mobile network-sharing agreement, potentially aiding Vodafone's Three UK merger approval.
Vodafone and Virgin Media O2 have agreed to extend their existing mobile network-sharing agreement, which could help Vodafone win regulatory approval for its tie-up with mobile operator Three. The £13bn merger between Vodafone's UK operation and Hutchison's Three UK unit is undergoing a review by the UK's Competition and Markets Authority. Under the new network-sharing deal, the enlarged Vodafone-Three entity would sell spectrum to Virgin Media O2, which the companies said would improve mobile connectivity, choice and competition for customers.
July 03, 2024
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