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Vodafone UK response to CMA provisional findings

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href="https://www.vodafone.co.uk/newscentre/">News Centre Home</a></span> <span class="sep"><i class="chevron-right"></i></span> <span><a href="https://www.vodafone.co.uk/newscentre/news/">News</a></span></span> </div> </div> </div></section> <div class="content "> <main class="main"> <div class="wrapper category-news mb-5"> <div class="container"> <div class="row"> <div class="col-lg-7 article"> <div class="author-line"> <a href="https://www.vodafone.co.uk/newscentre/news/"><span class="category first">News</span></a> <span class="separator">|</span> <date class="date last">13 Sep 2024</date> </div> <h1> Vodafone UK response to CMA provisional findings </h1> <div class="author-line author d-flex flex-wrap align-items-center justify-content-between"> <div> <a >By Press Office</a> </div> <div class="addthis_inline_share_toolbox"></div> </div> </div> <div class="col-md-5 col-lg-4 offset-lg-1" style="margin-top: 15px;"> <form method="get" role="search" action="https://www.vodafone.co.uk/newscentre/" class="search-filter overlay-search-filter"> <div class="super-holder d-flex align-items-center justify-content-center"> <input type="text" autocomplete="off" autofocus id="text-filter" placeholder="Search News Centre"> <img class="image-search" src="https://www.vodafone.co.uk/newscentre/app/themes/news/dist/images/icons/search-icon.svg" border="0" alt="Submit" /> <input type="hidden" id="category-filter" value="all"> <input type="hidden" name="s" value="1"> </div> </form> </div> </div> <div class="row"> <div class="col-sm-12 col-md-7"> <article class="single-article"> <div class="image-container"> <figure class="featured this"> <picture><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2023/06/VODAPHONE-FINAL-SUPPLY-DECK4-scaled-e1686752399442-550x367.jpg 550w' media='(max-width: 550px)'/><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2023/06/VODAPHONE-FINAL-SUPPLY-DECK4-scaled-e1686752399442-768x512.jpg 768w' media='(max-width: 768px)'/><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2023/06/VODAPHONE-FINAL-SUPPLY-DECK4-scaled-e1686752399442-1536x1024.jpg 1536w' /><img src="https://www.vodafone.co.uk/newscentre/app/uploads/2023/06/VODAPHONE-FINAL-SUPPLY-DECK4-scaled-e1686752399442.jpg" alt="Vodafone Three UK logos side by side" title="VODAPHONE FINAL SUPPLY DECK4" /></picture> </figure> </div> <div class="content"> <h2>Vodafone UK acknowledges today’s announcement of the Competition and Markets Authority’s (CMA) provisional findings on the proposed merger with Three UK.</h2> <p>This was an expected next step in the <a href="https://www.vodafone.co.uk/newscentre/business/merger-of-vf-uk-three-uk-to-create-one-of-europes-leading-5g-networks/">merger</a> process and includes a Notice of Possible Remedies.</p><p>While Vodafone UK disagrees with a number of elements in today’s provisional findings, the companies will continue to positively engage with the CMA to resolve outstanding matters ahead of the final report on 7 December 2024.</p><p>This decision on the merger poses ramifications for both economic growth and the Government’s 5G strategy, as it represents a once-in-a-generation opportunity to transform UK digital infrastructure.</p> <section class="single-block vodafone-banner-advert mt-4 mb-4" style=background-image:url(https://www.vodafone.co.uk/newscentre/app/uploads/2024/07/architect-urban-planner-working-on-a-model-of-a-town-of-the-future-Adobe-Stock-1920x1280.jpg);> <span class="overlay"></span> <div class="content"> <div class="row d-flex justify-content-between justify-items-between"> <div class="col-sm-11 col-md-10 col-lg-8"> <h2>5G-powered public buildings could save £580 million of taxpayer money a year and save energy for cash-strapped councils</h2> <div class="mt-4">5G-connected technologies in public buildings could help councils slash their energy bills, saving taxpayer cash and reducing their carbon emissions.</div> </div> <div class="col-12 mt-5 mb-2"> <a class="btn" href="https://www.vodafone.co.uk/newscentre/press-release/5g-powered-public-buildings-could-save-580-million-quid-of-taxpayer-councils-money-annually/">Find out more</a> </div> </div> </div> </section> <section class="single-block embed-block mt-4 mb-4 w-100"> <p><strong>Network investment</strong></p><p>If approved, the merger will create a third mobile network operator (MNO) with the scale required to compete with the UK’s two leading converged operators.</p><p>In turn, improving infrastructure through an £11 billion investment into a <a href="https://www.vodafone.co.uk/newscentre/press-release/launch-5g-ultra-uk-first-5g-standalone-network-for-consumers/">5G Standalone</a> (5G SA) network that would reach more than 99% of the UK’s population by 2034. A commitment that the two parties are willing to be monitored independently and enforced by Ofcom.</p><p>As a result, the merger can deliver £158 billion in productivity benefits for the UK*, including 5G in every community, school and hospital in the country by the end of this decade.</p> </section> <section class="single-block vodafone-banner-advert mt-4 mb-4" style=background-image:url(https://www.vodafone.co.uk/newscentre/app/uploads/2023/05/PhoneMastNetworkGraphic.jpg);> <span class="overlay"></span> <div class="content"> <div class="row d-flex justify-content-between justify-items-between"> <div class="col-sm-11 col-md-10 col-lg-8"> <h2>Telecoms investment needed to support UK’s long-term prosperity, says new report</h2> <div class="mt-4">Infrastructure investment must not slow down if the UK wants to continue fighting inequality and avoid falling further behind other countries. That’s according to a new report by respected analysts, CCS Insight.</div> </div> <div class="col-12 mt-5 mb-2"> <a class="btn" href="https://www.vodafone.co.uk/newscentre/news/telecoms-investment-needed-new-report/">Find out more</a> </div> </div> </div> </section> <section class="single-block embed-block mt-4 mb-4 w-100"> <p><strong>Pricing</strong></p><p>What’s more, the merger will not affect prices, while <a href="https://www.vodafone.co.uk/newscentre/features/vodafone-essentials-broadband-social-tariff-everything-you-need-to-know/">social tariffs</a> will remain in place and vulnerable customers will continue to be protected.</p><p>Importantly, the investment case underpinning the merger is not based on hypothetical price increases, and the CMA’s price rise assumptions are contrary to the business and investment plans Vodafone UK and Three UK have signed up to for the merged company.</p><p><strong>MVNOs (Mobile Virtual Network Operators)</strong></p><p>Despite CMA concerns, a combined, stronger network would also boost competition in the wholesale market.</p><p>By creating a third network that has the scale required to compete with the UK’s two leading converged operators, the merger would offer greater choice to Mobile Virtual Network Operators (MVNOs), which has been the fastest growing segment of the UK’s mobile industry over the last few years.</p> </section> <section class="single-block vodafone-banner-advert mt-4 mb-4" style=background-image:url(https://www.vodafone.co.uk/newscentre/app/uploads/2024/02/Senior-male-retail-shop-owner-using-a-tablet-Adobe-Stock-1920x1280.jpg);> <span class="overlay"></span> <div class="content"> <div class="row d-flex justify-content-between justify-items-between"> <div class="col-sm-11 col-md-10 col-lg-8"> <h2>UK SMEs missing out on £8.6bn a year due to slow roll-out of 5G Standalone, new Vodafone report finds</h2> <div class="mt-4">While the UK is undoubtedly one of the best places to start a new business, it risks being outpaced by European rivals that are investing in reliable, superfast 5G connectivity at a faster rate.</div> </div> <div class="col-12 mt-5 mb-2"> <a class="btn" href="https://www.vodafone.co.uk/newscentre/press-release/uk-small-biz-missing-out-8-6bnquid-annually-5gsa-slow-roll-out/">Find out more</a> </div> </div> </div> </section> <section class="single-block embed-block mt-4 mb-4 w-100"> <p><strong>Margarita Della Valle, Chief Executive, Vodafone, </strong>said:</p><p>&#8220;Our merger is a catalyst for change. It’s time to take off the handbrake on the country’s connectivity and build the world-class infrastructure the country deserves. We are offering a self-funded plan to propel economic growth and address the UK’s digital divide.</p><p>&#8220;Great network connectivity is a critical enabler of so many elements of our daily life and is central to the future prospects of so many sectors. Businesses large and small are dependent on it and it enables new industries – like AI – to thrive.</p><p>&#8220;It facilitates a step change in productivity and care across the public sector, and it lies at the heart of every nation’s future prosperity.&#8221;</p><p>Vodafone UK remains confident that, should it go through, the merger will deliver significant benefits for competition, customers and the country.</p><p>The two companies will now review the Notice of Possible Remedies, ahead of working constructively with the CMA on the different options proposed.</p><p><strong><em>Stay up to date with the latest news from Vodafone by following us on </em></strong><a href="https://www.linkedin.com/showcase/vodafone-uk-news-centre/"><strong><em>LinkedIn</em></strong></a><strong><em> and </em></strong><a href="https://twitter.com/vodafoneuknews"><strong><em>Twitter/X</em></strong></a><strong><em>, as well as signing up for News Centre website </em></strong><a href="https://newscentre.vodafone.co.uk/features/how-to-use-the-vodafone-uk-news-centre/"><strong><em>notifications</em></strong></a><strong><em>.</em></strong></p><p>* WPI Economics, June 2020.</p> </section> </div> </article> </div> <div class="col-md-5 col-lg-4 offset-lg-1"> <div class=""> <h3 class="category">Read more</h3> <div> <article class="listing single-featured"> <div class="article-wrapper"> <div class="image-wrapper"> <div class="image-box"> <a class="image-container" href="https://www.vodafone.co.uk/newscentre/news/good-things-foundation-highlight-5g-connectivity-gap-3d-street-art-mural/"> <figure class="thumbnail this"> <picture><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2024/08/IMG_3359-cropped-and-edited-224x149.jpg.webp 224w' media='(min-width: 0) and (max-width: 767px)' type='image/webp'/><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2024/08/IMG_3359-cropped-and-edited-224x149.jpg 224w' media='(min-width: 0) and (max-width: 767px)'/><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2024/08/IMG_3359-cropped-and-edited-550x367.jpg.webp 550w' type='image/webp'/><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2024/08/IMG_3359-cropped-and-edited-550x367.jpg 550w' /><img src="https://www.vodafone.co.uk/newscentre/app/uploads/2024/08/IMG_3359-cropped-and-edited-scaled.jpg" alt="Helen Milner, CEO of Good Things Foundation, with Vodafone's 'mind the gap' street art." title="IMG_3359 cropped and edited" /></picture> </figure> </a> </div> <h2 class="dotdotdot"><a href="https://www.vodafone.co.uk/newscentre/news/good-things-foundation-highlight-5g-connectivity-gap-3d-street-art-mural/">Peer into the UK's 5G digital divide with this 3D street art</a></h2> </div> <div class="article-info-container"> <div class="author-line"> <a href="https://www.vodafone.co.uk/newscentre/news/"> <span class="category first"> News </span> </a> <span class="separator">|</span> <span class="author first"> <a >Mark Davison</a> </span> <span class="separator">|</span> <date class="date last">02 Aug 2024</date> </div> </div> </div></article> <article class="listing single-featured"> <div class="article-wrapper"> <div class="image-wrapper"> <div class="image-box"> <a class="image-container" href="https://www.vodafone.co.uk/newscentre/news/telecoms-investment-needed-new-report/"> <figure class="thumbnail this"> <picture><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2023/05/PhoneMastNetworkGraphic-224x149.jpg.webp 224w' media='(min-width: 0) and (max-width: 767px)' type='image/webp'/><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2023/05/PhoneMastNetworkGraphic-224x149.jpg 224w' media='(min-width: 0) and (max-width: 767px)'/><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2023/05/PhoneMastNetworkGraphic-550x367.jpg.webp 550w' type='image/webp'/><source srcset='https://www.vodafone.co.uk/newscentre/app/uploads/2023/05/PhoneMastNetworkGraphic-550x367.jpg 550w' /><img src="https://www.vodafone.co.uk/newscentre/app/uploads/2023/05/PhoneMastNetworkGraphic.jpg" alt="Phone mast network graphic" title="PhoneMastNetworkGraphic" /></picture> </figure> </a> </div> <h2 class="dotdotdot"><a href="https://www.vodafone.co.uk/newscentre/news/telecoms-investment-needed-new-report/">Tomorrow's telecoms won't arrive without today's investment</a></h2> </div> <div class="article-info-container"> <div class="author-line"> <a href="https://www.vodafone.co.uk/newscentre/news/"> <span class="category first"> News </span> </a> <span class="separator">|</span> <span class="author first"> <a >Editorial Team</a> </span> <span class="separator">|</span> <date class="date last">18 Apr 2024</date> </div> </div> </div></article> <article class="listing single-featured"> <div class="article-wrapper"> <div class="image-wrapper"> <div class="image-box"> <a 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