CMA launches in-depth probe into Vodafone-Three UK merger

The UK's Competition and Markets Authority (CMA) has confirmed it will conduct an in-depth Phase 2 investigation into the proposed merger between mobile operators Vodafone and Three. 

The competition watchdog had previously expressed concerns that the £11 billion ($13.92 billion) deal could lead to higher prices for consumers and reduced investment in Britain's mobile networks.

Last month, the CMA told Vodafone and Three they had five working days to respond with...

CMA raises concerns about proposed Vodafone-Three merger

The Competition and Markets Authority (CMA) has expressed concerns over the proposed merger between Vodafone and Three, two of the UK's four major mobile network operators.

The regulator launched its initial Phase 1 investigation in January after the two companies announced a joint venture agreement last year that would combine their 27 million customers under a single network provider.

The CMA's 40-day Phase 1 review aimed to identify whether the deal could lead to a...

CMA launches Vodafone-Three merger investigation

The UK's competition regulator has opened an in-depth investigation into Vodafone's proposed merger with rival mobile network Three over concerns the deal could lead to higher bills for consumers.

The Competition and Markets Authority (CMA) said it will assess whether combining two of the country's biggest telecom providers will negatively impact competition and choice in the market.

Concerns about the merger have been raised by Unite the Union. The union estimates that...

EchoStar completes $26B acquisition of DISH Network

EchoStar has announced the completion of its $26 billion acquisition of DISH Network. The deal combines two of the nation's largest providers of satellite and wireless services into one telecoms giant.

Under the terms of the agreement, DISH Network has become a wholly owned subsidiary of EchoStar. All outstanding shares of DISH Network's common stock have been converted into shares of EchoStar stock, valuing the transaction at approximately $26 billion. The conversion rate for...

SES ends Intelsat acquisition talks

SES has announced that it has ceased merger talks with Intelsat, ending plans for further consolidation in the satellite internet sector.

The potential combination of the businesses, which was reported in March, would have created a significant player in the industry. According to Bloomberg, the transaction would have been valued at over $10 billion, including debt.

SES confirmed the end of discussions in a statement, while Intelsat stated that it regularly engages in...

Vodafone UK and Three to announce merger ‘Friday or early next week’

Vodafone and Three-owner CK Hutchison are expected to announce the merger of their British operations “as soon as Friday or early next week”.

The report comes via Reuters which cited three sources familiar with the plans. According to the sources, the long-anticipated merger is now in its final stages.

According to insiders, the structure of the deal will adhere to Vodafone's previous announcement in October. Under the arrangement, Vodafone would own 51 percent of...

Viasat completes Inmarsat acquisition

Viasat has successfully completed its acquisition of London-based Inmarsat, just a week after the Federal Communications Commission (FCC) dismissed a competition complaint filed by SpaceX.

The significant merger brings together two organisations with complementary technology assets, resources, and capabilities, creating a global communications provider with an expanded portfolio of services.

Mark Dankberg, Chairman and CEO of Viasat, said: 

“We are...

CMA approves Inmarsat-Viasat merger

The UK’s Competition and Markets Authority (CMA) has cleared the merger between satellite communications companies Viasat and Inmarsat after an extensive Phase 2 review.

The deal had been referred for further investigation following a Phase 1 inquiry that identified concerns over its potential impact on competition.

The CMA panel examined a range of evidence, including internal documents from the merging companies and competitors, as well as feedback from airlines and...

Vodafone and Three prepare to announce merger

Vodafone and Three are close to agreeing on a merger of their UK telecoms businesses, creating the biggest mobile operator in the country.

The deal is expected to be worth £15 billion ($19 billion) and will knock BT-owned EE from the top spot in terms of mobile subscribers.

The merged company's equity is valued at around £9 billion, with £6 billion in debt. The merger is expected to be agreed this month, with a formal announcement due to be made "very...

Vodafone confirms merger talks with Three UK

Vodafone has confirmed that it’s in talks with Three to merge their UK operations.

Following recent speculation, Vodafone confirmed today that it’s in discussions with Three-owner CK Hutchison Holdings Limited to combine the companies.

The proposed transaction would result in Vodafone owning 51 percent of the combined business while CK Hutchison would own the remaining 49 percent.

Ernest Doku, telecoms expert at Uswitch, comments: “Two of the UK mobile...