BRIEF-UK's CMA Finds Provisional Concerns With Vodafone/ Three UK Deal

Reuters

2024/09/13

Sept 13 (Reuters) - Competition and Markets Authority:

* MERGER UPDATE: VODAFONE / THREE

* MERGER COULD LEAD TO TENS OF MILLIONS OF MOBILE CUSTOMERS HAVING TO PAY MORE

* WILL EXPLORE POTENTIAL SOLUTIONS TO ITS CONCERNS BEFORE FINAL DECISION BY 7 DECEMBER.

* MERGER COULD IMPROVE QUALITY OF MOBILE NETWORKS, BUT INCENTIVES TO FOLLOW THROUGH ON INVESTMENT ARE UNCERTAIN

* MERGER WOULD NEGATIVELY IMPACT 'WHOLESALE' TELECOMS CUSTOMERS

* CONSIDERS THAT CLAIMS ON IMPROVING QUALITY OF MOBILE NETWORKS ARE OVERSTATED

Source text for Eikon:

((Reuters.Briefs@thomsonreuters.com;))

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