Telcos

British competition body says proposed merger of Vodafone and Three faces full probe

The Competition and Markets Authority said a full investigation would be warranted unless the firms can address its concerns

  • March 22, 2024
The merger would create the UK’s largest mobile phone network. Picture: Bloomberg

The proposed merger between mobile networks Vodafone and Three could lead to “customers facing higher prices and reduced quality”, the British competition watchdog has warned.

The £15 billion merger was first announced last summer and would create the UK’s largest mobile phone network.

The Competition and Markets Authority (CMA) launched a formal phase one investigation into the move in January. Today, it said it has concerns over the impact of two of the UK’s four ...