Oct 3, 2022
Vodafone and Three in merger talks
Vodafone is in talks with Three about merging their UK businesses. Vodafone said it would own 51% and Hutchison - which operates Three - 49% under the deal being discussed. "By combining our businesses, Vodafone UK and Three UK will gain the necessary scale to be able to accelerate the rollout of full 5G in the UK, and expand broadband connectivity to rural communities and small businesses," Vodafone said in an update to shareholders. Mobile industry analyst Ben Wood told the BBC that the potential tie-up between Vodafone and Three was to be expected. Vodafone pairing with Three is just one potential tie-up in the UK. Other deals involving Virgin Media O2, TalkTalk and Sky have been speculated in recent months.
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