Vodafone is in talks to combine its UK operations with rival British phone operator Three, owned by Hong Kong’s CK Hutchison, the Financial Times reported on May 12, citing unnamed sources.
The paper said it did not know whether the deal would be structured as an acquisition of Three, or a joint venture between the two. Vodafone Chief Executive Nick Read said in February that his focus was “on combinations more than outright purchases”.Source: REUTERS/Nacho Doce Vodafone logo is seen during GSMA's 2022 Mobile World Congress in Barcelona, Spain February 28, 2022.
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