Vodafone and Three Announce Multi-Billion Pound Merger in UK Mobile Market

Vodafone and Three Announce Multi-Billion Pound Merger in UK Mobile Market

Vodafone and CK Hutchinson, the parent company of Three UK, are poised to announce a multi-billion pound merger that could reshape the telecommunications landscape in the UK. The new entity is expected to have a total value of approximately $18.86 billion, comprising an equity value of $11.3 billion and a debt of $7.54 billion.