Vodafone and Hutchison offer price pledges to answer deal concerns

Reuters
30 Sep 2024

LONDON, Sept 30 (Reuters) - Vodafone and Hutchison's Three UK have proposed committing to some limited pledges on consumer pricing and wholesale access in response to antitrust concerns about the merger of their businesses in Britain.

The companies said they would maintain prices for value-focussed customers on the SMARTY value brand, as well as keep social tariffs and exclude vulnerable customers from mid-contract price rises, according to a submission to the competition regulator published on Monday.

They said they were also prepared to commit to offer access to their joint network on pre-agreed terms to third-party operators with 2.5 million or fewer customers.

(Reporting by Paul Sandle; Editing by Sachin Ravikumar)

((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters Messaging: paul.sandle.thomsonreuters.com@reuters.net))

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