Hutchison offers £3bn of its network to woo EU regulators in O2 takeover
(Image Credit: iStockPhoto/Andrew Linscott)
Regulators are concerned about Three’s £10bn pound bid for O2 due to a reduction of players in the market; which could lead to less competition and increase consumer prices. The deal, if approved, would also leapfrog Three from the smallest mobile operator in the UK, in terms of subscribers, to the biggest in one fell swoop.
Hutchison, who owns Three in the UK, has...