Vodafone and Virgin Media O2 have entered into a new network-sharing agreement in the UK, extending their existing deal by more than a decade. This move is aimed at enhancing their mobile network capabilities and easing competition concerns. Additionally, Vodafone and Three will sell a portion of their spectrum to Virgin Media O2 if their merger is approved by UK competition authorities. This agreement could potentially impact tens of millions of customers.
Virgin Media O2 (@VMO2News) and @VodafoneUK have agreed to enhance their mobile network sharing agreement and extend the deal by more than a decade. https://t.co/LK2FT40y5U
$VOD (-0.7% pre) Vodafone agrees new Virgin Media O2 tie-up to ease competition concerns - Reuters https://t.co/YCgEYVkPv7
Vodafone UK and Virgin Media O2 enter new network-sharing deal https://t.co/LK2FT40y5U