Latest Breaking News On - Hutchison group - Page 5 : comparemela.com

The mobile market in Europe and the U.K. once orchestrated to be ripe ground for competition has been on a long-term course of consolidation, and the latest chapter in that story was made official today. Vodafone Group and Hutchison Group have announced a plan to merge their U.K. carriers, respectively the eponymous Vodafone and Three. The combined business, if calculated using today's users numbers, would have around 28 million subscribers Vodafone has nearly 18 million and Three has just over 10 million as of May 2023) and would be worth some £15 billion (nearly $19 billion at today's rates), and would be 51% owned by Vodafone and 49% owned by Hutchison.

United kingdomCanning fokRobert finneganHutchison groupVodafone groupT mobile united kingdomOrange united kingdomThree united kingdomVodafone united kingdomMargherita della valleVodafone group chief executive