Vodafone Group and Three UK are in talks of a merger according to a recent report from the Financial Times. Based on information from people close to the matter, the two telecoms are looking to form a larger network in a bid to take on the UK’s other two dominant players – EE and Virgin Media O2. Vodafone is the UK’s third-largest mobile operator while Three currently occupies the fourth spot.
The proposed merger is yet to be commented on by either Vodafone or Three. Analysts suggest that neither firm has the capital to directly buy out the other so a joint-venture is the most likely…
Powered by WPeMatico
