- Vodafone three integration is officially completed
- New Vodafuntry Network is one of the UK’s largest
- Company UK promises a huge investment in 5G networks
UK phone networks Vodafone and three have announced the successful completion of their mega integration.
The move, which sees the UK’s mobile networks to decrease by four to three, connects the country’s two largest providers, including nearly 29 million UK users and business users in Vodafa’s new business.
“The merger will create a new force in the UK mobile, which will change the country’s digital infrastructure and introduce the UK into European contact,” said Margareta Delle Welle, the chief executive of the Vodafone Group. “Now we want to start our network construction and quickly bring users to maximum coverage and high network standards. This transaction completes vodafone restoration in Europe, and after this period of transfer, we are now in a well -positioned position for development.”
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Vodafontri is here
About 1000 days after the first announcement of the deal, the new joint agency says it will now invest in promoting the UK’s mobile coverage and infrastructure.
This includes $ 11 billion in the next 10 years (including $ 1.3 billion in the first year), claiming the company, “one of Europe’s latest 5G networks”, with a 5G stand network investment, “the UK’s mobile infrastructure is at the forefront of European contact.”
Vodafontri will be appointed as the Chief Financial Officer of the UK by Max Taylor, who was the CEO of Vodafone UK. It is not thought that a job will be lost in the merger.
The new company will be owned by 51 % Vodafone and 49 % through CKHGT, which is the basic company of three UK with its CKH Hutison arm.
Kenning Fuke, deputy chairman of CK Hutchins and CKHGT executive chairman Kenning Fuke noted, “As we have demonstrated in other European markets, the Scale has enabled our customers to provide important investment and provide important investment to the world’s expected mobile networks to supply the world.”
(Image Credit: Vodafunthi)
There was no mention of other changes in pricing changes or pricing strategies, but cosmetic changes together with each other, it seems that consumers may not be worried about worrying.
This is despite the UK’s competition and the initial warnings of the Markets Authority, which had previously warned, “Prices for millions of mobile users, or consumers receive small data such as small data packages in their contracts.”
The CMA also highlighted the potential impact on MVNOs such as Lika Mobile, Sky Mobile and Laba, which uses existing network operators, making MVNOs more difficult to “secure competitive terms”.
However, in December 2024, the CMA approved the deal, saying it fulfills its commitment to invest and spend with Vodafa and any of these potential concerns will be avoided.
