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0.0291788321167882 0.0291788321167882 0.0291788321167882 0.0291788321167882 0.0164233576642336 0.0213503649635036 0.0185218978102189 0.011861313868613
Stock impact report

Vodafone Speeds Up Talks To Merge With Rival Three [Forbes]

CK HUTCH HLD LTD UNSP/ADR (CKHUY) 
NASDAQ:AMEX Investor Relations: ckh.com.hk/en/ir
Company Research Source: Forbes
The logo of British mobile phone giant Vodafone welcomes visitors at their retail shop in central... [+]London on January 30, 2018. (Photo by BEN STANSALL / AFP) (Photo credit should read BEN STANSALL/AFP via Getty Images)Vodafone is accelerating plans to merge its operations with telecoms rival Three, it announced on Monday.In a statement to the London Stock Exchange Vodafone says that it is in talks with Three owner CK Hutchison Holdings about merging the two companies’ operations.“The envisaged transaction would involve both companies combining their UK businesses, with Vodafone owning 51% and our partner CK Hutchison owning 49% of the combined businessThe 5G RevolutionExplaining the reasoning behind the move, the FTSE 100 company commented that “Vodafone UK and Three UK will gain the necessary scale to be able to accelerate the rollout of full 5G in the UK and expand broadband connectivity to rural communities and small businessesOnly a handful of telecoms companies are inv Show less Read more
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