Vodafone and Three have agreed to merge their UK businesses to create the country’s largest mobile operator. The combined company will have around 27 million customers, leapfrogging Virgin Media O2 and EE. Although the deal is pending regulatory approval, it would significantly shake up the UK telecoms market if it goes through. Vodafone and Three are currently the third and fourth-largest...
Vodafone expects £ 3 billion telecommunications mega-merger with TalkTalk
The owners of TalkTalk, one of the UK’s largest broadband providers, have hired bankers to discuss a possible sale, which estimates the company is valued at £ 3 billion. The connection between them will be the last attempt at unification this year, which will take place almost three months after it emerged that Unilever was trying to buy GlaxoSmithKline’s consumer health division. The move comes...