The £15 billion merger between Vodafone and Three in the UK has the potential to be “pro-competitive” if the mobile networks commit to investing in the country’s infrastructure and avoid early price hikes, the regulator has said.
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00:00Hello, my name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post and
00:05here are your business headlines for this morning.
00:08The £15bn merger between Vodafone and Three in the UK has the potential to be pro-competitive
00:15if the mobile networks commit to investing in the country's infrastructure and avoid
00:20early price increases according to the regulator.
00:23The Competition and Markets Authority indicated that it could give the tie-up the green light,
00:29having been investigating the deal since it was announced last year.
00:34The Watchdog had concerns the merger could lead to higher prices for customers and harm
00:38the position of virtual network operators such as Sky Mobile and Libara, but on Tuesday
00:43the CMA said it outlined certain actions to be taken by the combined group that were likely
00:49to address its concerns.
00:52My name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.