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The Latest Breaking News from CK Hutchison

British Regulator Approves Vodafone UK, Three Merger

Vodafone and Three, the UK division of Hong Kong-based CK Hutchison, are set to create Britain's biggest mobile phone operator after the country's competition regulator backed the deal Thursday.

International Business Times

Mobiles mega merger of Vodafone and Three gets go ahead from regulator

The deal will reduce the number of mobile infrastructure operators in the UK from four to three and is expected to formally complete during the first half of 2025

Evening Standard

Vodafone, Three to merge UK mobile phone operations to capitalize on 5G rollout

Two of the U.K.’s biggest mobile phone operators have agreed to merge their businesses to capitalize on the rollout of next-generation 5G wireless technology in the country

The Independent UK

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Vodafone and Three announce UK mega-merger

Deal would create the UK's biggest mobile firm, worth around £15bn.

TechRadar

UK sewage scandals put Hong Kong billionaire in firing line

Hong Kong firm’s $1bn deal to sell stake in water company receives cool response in UK after pollution controversies.

Al Jazeera

Vodafone confirms talks with Three UK about merger

Combined networks would be Britain’s biggest mobile operator, challenging EE and O2

The Guardian - UK

Workers’ anger at cost of living as strong as time of poll tax riots, union boss says

Sharon Graham, head of Unite, on picket line with Felixstowe dock strikers, says people could rise up again as they did in the 1990s

The Guardian - UK

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Jefferies Downgrades Vodafone For First Time In 2 Years

Jefferies downgraded Vodafone Group Plc (NASDAQ:VOD) for the first time in two years, citing the telecom group's vulnerability in tackling rising inflation and headwinds in Germany, Reuters notes. Analyst Jerry Dellis noted that Vodafone is facing intense competition in several key markets amid rising costs. He downgraded the company to Hold from Buy. Also Read: Vodafone…

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, May 12

CNBC Instacart Confidentially Files For US IPO

Benzinga

Vodafone Mulls Merging UK Unit With CK Hutchison's Three

Telecoms group Vodafone Group Plc (NASDAQ:VOD) is in talks to combine its U.K. operations with Three UK, the mobile operator owned by Hong Kong infrastructure conglomerate CK Hutchison Holdings LTD (OTC:CKHUY), the Financial Times reports. The deal could help consolidate the British mobile market as Vodafone faces pressure from Europe’s most prominent activist investor, Cevian…

Benzinga

Buyer of Three network owner to sell 1,000 mobile towers to allay price fears

Competition and Markets Authority said £8.6 billion European deal for CK Hutchison will only be allowed if it sells off parts of the network in UK.

The Independent UK

Council challenged over refusal of new 5G mast in Perth

CK Hutchison Networks (UK) sought approval to position the mast on a path next to Dunkeld Road last year but the local authority refused saying it "would tower above all surrounding features"

People

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