Smartphones displaying the Three UK and the Vodafone Group Plc apps in the Apple App Store arranged in London, UK, on Wednesday, June 7, 2023. Vodafone Group Plc and Three UK are putting the final touches on a deal to create Britain’s largest mobile operator and may announce details of the tie-up as soon as this month, people with knowledge of the matter said. Photographer: Hollie Adams/Bloomberg

Mobile phone companies Vodafone and Three owner CK Hutchison Group announced an agreement to merge their UK networks. “Together, we will have the scale needed to deliver a best-in-class 5G network for the UK…..breadth of the UK,” CK Hutchison’s co-managing director Canning Fok said. Vodafone’s shares rose 2.5 per cent after the deal was made public.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

China’s crackdown on Cryptocurrency, cites ‘illegal’ activities

In a joint statement, Central bank and ten government agencies, including banking,…

Apple stock plunges $108B after underwhelming iPhone 17 launch

Apple Inc. lost a staggering $108 billion in market value in a…

Energy relief package prepared for industrial consumers

A relief package to provide electricity to industries across Pakistan at reduced…

Talks with IMF in ‘advanced stage’: Finance Division

On Tuesday, the Finance Division said that negotiations with the International Monetary…