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6-K: CMA Approves Merger of Vodafone and Three in the UK

6-K: CMA Approves Merger of Vodafone and Three in the UK

6-K:CMA批准沃达丰和Three在英国合并
美股SEC公告 ·  2024/12/05 19:44

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The UK's Competition and Markets Authority (CMA) has approved the merger of Vodafone and Three in the UK after 18 months of analysis. The combined entity commits to an £11 billion investment to create one of Europe's most advanced 5G networks, reaching 99% of the population and benefiting over 50 million customers.The merger aims to transform the UK's digital infrastructure, intensify competition in retail and wholesale markets, and support the country's economic growth ambitions. The new network is expected to provide improved quality, reliability, and capacity to handle increasing data demand, particularly with the adoption of new technologies like AI.Vodafone will own 51% of the equity, with an option to acquire Hutchison's 49% stake after three years. The merger is expected to complete in the first half of 2025, subject to final undertakings. Both companies view this as a significant opportunity to enhance the UK's telecommunications landscape and drive competition in the mobile sector.
The UK's Competition and Markets Authority (CMA) has approved the merger of Vodafone and Three in the UK after 18 months of analysis. The combined entity commits to an £11 billion investment to create one of Europe's most advanced 5G networks, reaching 99% of the population and benefiting over 50 million customers.The merger aims to transform the UK's digital infrastructure, intensify competition in retail and wholesale markets, and support the country's economic growth ambitions. The new network is expected to provide improved quality, reliability, and capacity to handle increasing data demand, particularly with the adoption of new technologies like AI.Vodafone will own 51% of the equity, with an option to acquire Hutchison's 49% stake after three years. The merger is expected to complete in the first half of 2025, subject to final undertakings. Both companies view this as a significant opportunity to enhance the UK's telecommunications landscape and drive competition in the mobile sector.
英国竞争与市场管理局(CMA)在经过18个月的分析后,批准了沃达丰与Three在英国的合并。合并后的实体承诺投资110亿英镑,以创建欧洲最先进的5G概念网络,覆盖99%的人口,惠及超过5000万客户。此次合并旨在改造英国的数字基础设施,加大零售和批发市场的竞争力度,并支持国家的经济增长目标。新网络预计将提供更高的质量、可靠性,以及处理不断增加的数据需求的能力,特别是在人工智能等新技术的采用下。沃达丰将持有51%的股权,并有权在三年后收购Hutchison的49%股份。合并预计将在2025年上半年完成,具体以最终承诺为准。两家公司都认为这是一个重要的机会,可以提升英国的电信格局并推动移动板块的竞争。
英国竞争与市场管理局(CMA)在经过18个月的分析后,批准了沃达丰与Three在英国的合并。合并后的实体承诺投资110亿英镑,以创建欧洲最先进的5G概念网络,覆盖99%的人口,惠及超过5000万客户。此次合并旨在改造英国的数字基础设施,加大零售和批发市场的竞争力度,并支持国家的经济增长目标。新网络预计将提供更高的质量、可靠性,以及处理不断增加的数据需求的能力,特别是在人工智能等新技术的采用下。沃达丰将持有51%的股权,并有权在三年后收购Hutchison的49%股份。合并预计将在2025年上半年完成,具体以最终承诺为准。两家公司都认为这是一个重要的机会,可以提升英国的电信格局并推动移动板块的竞争。
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