Vodafone, Three Merger Could Be a Game-Changer for U.K. Mobile Network -- Market Talk

Dow Jones
05 Nov 2024

1310 GMT - Vodafone U.K.'s merger with Three is a game-changer for the telecoms operator in terms of reigniting its growth, AJ Bell's Russ Mould writes in a note. Vodafone is relying on the merger to regain strength in the U.K., boost customer numbers and trigger investment in its user-experience, Mould says. "Assuming it agrees to the competition authority's demands, Vodafone could be at the forefront of a radical reshaping of the U.K. mobile network infrastructure." However, significant spending could lead to higher prices for consumers down the line, he says. Shares are up 1.4% at 73.22 pence. (najat.kantouar@wsj.com)

 

(END) Dow Jones Newswires

November 05, 2024 08:10 ET (13:10 GMT)

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