All Competition and Markets Authority (CMA) articles – Page 2
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M&A
Vodafone–Three offers new remedies to get UK deal done
Vodafone UK and Three UK have made retail and wholesale price pledges to win merger approval, even though they disagree with the Competition & Markets Authority’s initial findings.
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Weekly Briefings
BTwatch Weekly: gov’t reforms required as Openreach seeks fibre residencies
Latest from BT and its ecosystem as the Group makes fixed network demands, rolls out next-gen mobile, and works to surrender international outposts. More from Connected Britain, Secure Tomorrow Festival, and elsewhere in a busy week for BT, EE, and Openreach…
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People
BT adds ex-antitrust CEO to boardroom
Former Competition and Markets Authority CEO Alex Chrisholm joins BT board to lead Ofcom engagement, support Openreach separation compliance.
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M&A
Regulator still dubious on Vodafone–Three merger; wants further compromise
Proposed merger of two underpowered MNOs found to have negative ramifications for UK competitive landscape, but the antitrust body offers road to approval via series of behavioural and structural ‘remedies’.
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Weekly Briefings
BTwatch Weekly: Drahi out, Bharti in as CEO Kirkby claims BT strategy ‘vote of confidence’
Latest from BT and its ecosystem, including the Group’s new largest shareholder and the motivations behind the move; Openreach stepping into the Project Gigabit fray with a potential £800m windfall; BT Sourced hypes nnamu procure-tech; more around the Group…
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Weekly Briefings
Vodafonewatch Weekly: fibre sale, B2B investment, UK merger delay
Latest from Vodafone and its interests, including: quarterly and full-year results in India that show positive movement; B2B recovery work begins in Germany; TPG puts fibre assets back up for sale; and plenty more in Europe, Africa, Asia, beyond…
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Network & Infrastructure
Vodafone hands VM O2 a spectrum bonus to win merger support
Following more than a year of talks, Vodafone wins Virgin Media O2 round to its proposed Three merger with an extended network sharing agreement and approval-dependent spectrum transaction. Questions remain about MBNL future, BT response, and CMA viewpoint…
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M&A
BT outlines investment fears as Vodafone−Three merger tips spectrum scales
Operator overwhelmingly backs CMA’s decision to launch in-depth merger investigation and calls for closer attention to be paid to the unprecedented spectrum asymmetry that could follow. Ericsson, altnets, and trade unions also weigh in…
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Weekly Briefings
Vodafonewatch Weekly: nip and tuck all part of the plan, as CEO evinces optimism
In-depth analysis of FY23−24 results as Margherita Della Valle attempts to paint rosy picture of shrinking Group. Storm still to come in Germany, but Spanish exit secured, and confidence around UK merger prospects. Significant developments across (re-shaped) footprint include: changing leadership; strategic partnerships; and an M-PESA spin-off update…
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Weekly Briefings
BTwatch Weekly: Kirkby gathers transformation troops, but can she convince investors?
Latest from BT and its ecosystem the day before the Group’s FY23–24 results hit the screens. CEO Allison Kirkby is corralling a new squadron of incomers to drive forward her flavour of transformation for BT, but investors so far appear unconvinced. Spectrum auctions may be imminent, as real estate redevelopment nears completion, and a revitalised Corporate & Public Sector team boast a West Country win. Read more…
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M&A
Vodafone−Three welcome deal’s security clearance as focus turns to antitrust
UK government green-lights merger (with caveats) after conducting security review, but Vodafone−Three are far from celebrating as the CMA’s investigation steps up a gear and leaves consolidation in doubt…
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Weekly Briefings
BTwatch Weekly: BT adds to concerns about Vodafone−Three UK merger, EE Finance gets Patterson’s Glow
Latest from BT and its ecosystem of partners and suppliers in a week where the UK’s competition authority revealed the level of concern it has about Vodafone UK’s proposed merger with Three — with BT’s networks found to be one potential flashpoint. EE continues retail revamp; Etc. ignites EV charging trial; and Business advances its Portfolio makeover…
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Weekly Briefings
Vodafonewatch Weekly: ups and downs in Group’s network-sharing tie-ups and M&A; RAN mega-tender KO
Latest from Vodafone and its ecosystem, including: commencement of massive RAN tender; regional network-sharing in Australia; and UK merger with Three competition concerns mount. Elsewhere: Vodafone Business seeks role in edge compute innovation; Vodacom Tanzania facing legal action; and more consolidation prospects in the Netherlands and Spain explored…
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M&A
Merged Vodafone−Three ‘incentivised and able’ to ‘frustrate’, ‘harm’ BT — CMA
Merger-critical Competition & Markets Authority investigation is damning on logic and impact of combination, dubious of benefits. Network-sharing joint venture MBNL is at heart of concerns and may become a focus for any forthcoming ‘remedies’. Read more…
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M&A
CMA concerned Vodafone-Three could access O2 and EE secrets
As expected, the UK merger is headed for tougher scrutiny in a longer investigation following an initial review by the Competition and Markets Authority.
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Network & Infrastructure
The Backfill: Infratil, L&G up stakes in UK data centre player
Infratil and L&G Capital boost funding for Kao Data’s UK expansion efforts.
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Strategy & Change
BT quashes talk of Openreach split
Connected Britain 2023: Howard Watson and Clive Selley say structural separation is not on the agenda; BT focused squarely on driving full-fibre deployment.
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Network & Infrastructure
In depth: Watchdogs lambast UK gov broadband investment failings; ESN deemed “unachievable”
Scrutineers place ESN (emergency network), Project Gigabit (fibre), SRN (rural 4G), ONF (open RAN) and 5G Testbed public-private partnerships in remedial for execution or traction failure; 26% of significant fiscal 2022–23 funding left untapped. Read more…
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M&A
Van Boxmeer eyes full ownership in UK merger
Vodafone Chairman suggests operator could buy out CK Hutchison’s stake in the merger between its UK OpCo and Three UK.
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M&A
Orange soldiers on amid regulatory alarm bells over Spanish deal
European Commission expected to send ‘statement of objections’ over proposed merger. Deal seen as EU merger test case in market characterised as highly competitive.
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