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Wireless

Vodafone UK sees low margins as threat to future investment

Tuesday 15 September 2015 | 19:49 CET | News
Vodafone said it was not generating enough cash in the UK to invest sufficiently in the future, according to evidence it gave to the Competition and Markets Authority in hearings on the BT-EE merger, reports Mobile Today. The operator told the CMA the reason was partly because "UK operations had the second worst margins in the Vodafone group." The company also stated that it had serious concerns that "unless rememedies were put in place, or the transaction was blocked, there could be a situation which had gone from four players in the mobile  market to effectively two and a half." Vodafone

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Categories: Mobile & Wireless
Companies: BT / EE / Vodafone UK
Countries: United Kingdom
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