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UK regulators want to investigate Three and Vodafone’s blockbuster merger

The UK's Competition and Markets Authority (CMA) is concerned that the merger Three and Vodafone announced last year could lead to "substantial lessening of competition" and might conduct an in-depth investigation into the deal. Three years after Virgin Media's merger with O2, Three and Vodafone revealed their intention to enter a joint venture agreement that would knock off a standalone mobile network from consumers' choices in the region. goApparently, CMA regulators launched a preliminary investigation into their…

The UK CMA launches a formal Phase 2 of its review of the Vodafone and Three UK's $19B merger, after finding competition and pricing…

Paul Sawers / TechCrunch: The UK CMA launches a formal Phase 2 of its review of the Vodafone and Three UK's $19B merger, after finding competition and pricing concerns in Phase 1 — The U.K.'s Competition and Markets Authority (CMA) has confirmed that it's launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. Paul Sawers / TechCrunch: The UK CMA launches a formal Phase 2 of its review of the Vodafone and Three UK's $19B merger, after finding…

Govt will look at right opportunity to pare its stake in Vi: Telecom dept secy

"We'll have to examine everything, if there is an opportunity, there is a need for it, how do the next few months look like in terms of their operations," he said in an interview, adding that the government may not look at divestment immediately.  The Union government is the largest shareholder in Vodafone Idea, India's third-largest carrier, with a 31% stake.  Mittal said the government was looking for growth in the carrier, and hoping the firm will…

Vodafone Idea (Vi) set to launch 5G in India within 6-7 months| All you need to know – India TV

Image Source : VI Vodafone Idea (Vi) set to launch 5G in India Vodafone Idea (Vi) has announced its plans to roll out 5G services in the country in a significant move within the Indian telecom sector. The services are said to be rolled out within the next 6-7 months in the country. The revelation comes during the company's third-quarter earnings call, which will set the…

UK launches antitrust probe into planned $19B Vodafone / Three merger

The U.K.’s Competition and Markets Authority (CMA) is launching a formal probe into the proposed merger between Vodafone and Three UK. The news hardly comes as a surprise, given that the £15 billion ($19 billion) joint venture would reduce the U.K.’s main infrastructure-owning mobile networks from four to three (the other two being EE and O2), and the duo had already allowed until the end of 2024 for the deal to conclude. That is some 18 months form when they first revealed their plans back in…

AT&T, Google, Vodafone invest in Starlink competitor for satellite-to-smartphone connectivity

AT&T, Google, and Vodafone are investing USD 206.5 million in AST SpaceMobile, a company that is working on offering a cellular network to smartphones on Earth using cellphone towers in space (more specifically, using satellites in low Earth orbit), which is also known as satellite-to-smartphone connectivity, making it a competitor to SpaceX’s Starlink. As a part of the latest investment, “Vodafone and AT&T have placed purchase orders for network equipment from AST SpaceMobile to support planned commercial…

5 things about AI you may have missed today: Vodafone turns to Microsoft for AI, TCS eyes GenAI opportunities

AI roundup: Artificial intelligence (AI) has been a hot topic for 2024 with companies unveiling new investments and innovations in the field. In a recent announcement, Vodafone and Microsoft signed a 10-year partnership to improve customer experience; the World Economic Forum 2024 is shedding new light on the future of AI. Check what's happening in the world of AI.Cognizant introduced generative AI-powered Innovation Assistant, in collaboration with MicrosoftTaking a step ahead with technology, Cognizant has announced an…