British regulators approve $19 billion Vodafone-Three mobile merger

British regulators approve  billion Vodafone-Three mobile merger


A pedestrian walks past a Vodafone store in central London on May 16, 2023. British mobile giant Vodafone is to axe 11,000 jobs over three years in the latest cull to hit the tech sector, as new boss Margherita Della Valle slammed recent performance.

Adrian Dennis | AFP | Getty Images

Britain’s competition regulator on Thursday approved the merger between telecommunication firms Vodafone and Three in the U.K., subject to certain conditions.

This is a breaking news story. Please check back for more.



Source

CNBC’s China Connection newsletter: New AI players think global from day one
World

CNBC’s China Connection newsletter: New AI players think global from day one

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Nvidia’s latest warning is that Chinese rivals are going to disrupt the world. It’s not just in chips. More often than not, the chatter among […]

Read More
China’s factory activity slumps more than expected in February as holiday disrupts production
World

China’s factory activity slumps more than expected in February as holiday disrupts production

A cargo ship is parked at a berth loading and unloading containers at the Lianyungang Port Container Terminal in Jiangsu Province, China on March 1, 2026. Cfoto | Future Publishing | Getty Images China’s factory activity faltered in February as manufacturers paused production and cargo shipment to celebrate an extended holiday, an official survey showed […]

Read More
CNBC Daily Open: Trump promises insurance and protection for Gulf shipping
World

CNBC Daily Open: Trump promises insurance and protection for Gulf shipping

US President Donald Trump speaks during a meeting with Chancellor Merz (CDU) at the White House. Topics include the war in Iran, the tariff dispute between the EU and the USA, the Russian war of aggression against Ukraine and China policy. Kay Nietfeld | Picture Alliance | Getty Images What you need to know today […]

Read More