UK regulator approves £16.5bn combination of Vodafone and Three
The UK competition regulator has approved the £16.5bn merger of Vodafone’s domestic business with CK Hutchison’s Three UK, which is expected to create Britain’s largest mobile operator. The Competition and Markets Authority on Thursday said the deal should be allowed to proceed if both companies signed binding commitments to invest billions to roll out a combined 5G network across the UK,