kestermann
The proposed merger of Vodafone and Three could lead to “higher prices” for millions of customers. Their planned £15 billion deal could now be subject to an in-depth investigation, with the UK’s competition watchdog warning it could result in a potential cost hike to users. The combined group would be Britain’s biggest mobile network with about 27 million users, and the companies said the merger would result in an additional investment of £11 billion in the UK. But the Competition and Markets Authority’s deputy chief economic adviser Julie Bon said she had “identified concerns which could lead...
BANG Showbiz English
BT has scrapped its mid-contract price rises linked to inflation. The telecoms giant has taken the decision after Ofcom, the industry regulator, threatened to ban the practice. BT consumer chief Marc Allera said: "We are continually thinking about how we - and the wider industry - can play our part alongside policymakers to drive meaningful change, at a time when we can see so many people under pressure." Allera suggested that BT is helping consumers at a time of rising inflation. He explained: "In real terms, people pay less for their connectivity now than they ever did and get much more." Br...
BANG Showbiz English
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