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Wireless

UK mobile market keeps its four operators, but M&A unlikely to stop

Wednesday 11 May 2016 | 16:06 CET | Author: Corina Schultz, Marion ter Welle | Market Commentary
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The European Commission has blocked the consolidation of the UK mobile market, rejecting the proposed merger of the number four, 3 UK, and the number two mobile player, O2. The EC believes that competition would suffer if the UK became a three-player market. Both the UK regulator, Ofcom, and the UK Competition Authority (CMA) were against the proposed merger, and given the EC's earlier comments, the actual decision does not come as a surprise. In the long run though, the drive for consolidation is unlikely to be over.

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Categories: Mobile & Wireless
Companies: 3 UK / BT / EE / Liberty Global / O2 / Ofcom / TalkTalk / Telecompaper / Telefonica / Virgin Media / Vodafone
Countries: United Kingdom
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