Vodafone UK merger with Three UK will 'accelerate growth & investments' - Vodafone UK CEO

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 28 million customers and be worth at least £16.5bn.

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, told Ian King the merger will "accelerate growth and investments in the UK."

#vodafone #merger #skynews

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales