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Stockreport

Three's merger with Vodafone risks driving up prices, warns regulator [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)  More Company Research Source: Yahoo! Finance
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
The Competition and Markets Authority (CMA) is preparing to launch an in-depth investigation after highlighting concerns that the deal could lead to higher costs for consumers and affect investment in mobile networks. The companies have five working days to respond with remedies to resolve the CMA's concerns . If they cannot satisfy the watchdog then the deal will move to a phase two investigation, which is expected to last six months. Vodafone and Three announced plans to merge last year in a tie-up that will create the UK's largest mobile network with around 27 million customers. It will also reduce the number of network operators in the country from four to three. The CMA said its initial investigation had identified the risk that merging the two companies would reduce rivalry between mobile operators to win customers. The watchdog is also concerned the deal could make it more difficult for so-called “virtual” mobile operators such as Sky Mobile and Lebara, which piggyba [Read more]
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Stockreport

Three's merger with Vodafone risks driving up prices, warns regulator [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares  (VOD) 
More Company Research Source: Yahoo! Finance
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
The Competition and Markets Authority (CMA) is preparing to launch an in-depth investigation after highlighting concerns that the deal could lead to higher costs for consumers and affect investment in mobile networks. The companies have five working days to respond with remedies to resolve the CMA's concerns . If they cannot satisfy the watchdog then the deal will move to a phase two investigation, which is expected to last six months. Vodafone and Three announced plans to merge last year in a tie-up that will create the UK's largest mobile network with around 27 million customers. It will also reduce the number of network operators in the country from four to three. The CMA said its initial investigation had identified the risk that merging the two companies would reduce rivalry between mobile operators to win customers. The watchdog is also concerned the deal could make it more difficult for so-called “virtual” mobile operators such as Sky Mobile and Lebara, which piggyba [Read more]
IMPACT SNAPSHOT
EVENT TIME:
VOD
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS