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Proposed Takeover of O2 by Three UK blocked by EU.

terafarma
terafarma Posts: 105 Forumite
The proposed merger between Three UK and O2 has been blocked by the EU. It follows the same concerns expressed by the UK regulatory body with regards to the deal and merger.

http://www.bbc.co.uk/news/technology-36267740
Money is like a bird.....if mishandled, will simply fly away....

Comments

  • [Deleted User]
    [Deleted User] Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Good.



    :)
  • ChiefGrasscutter
    ChiefGrasscutter Posts: 2,112 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Bad.
    The UK desperately needs investment in the mobile infrastructure.
    Having fewer firms means LESS competition and therefore MORE money to invest.

    This obsession with low low prices and 'competition' amongst 3 or 4 suppliers as some mantra which will mysteriously drive improvement is bizarre.
    Nope - it will just stall investment with each firm competing for each others' customers by cutting prices even further leading to an even worse service in the future.
  • [Deleted User]
    [Deleted User] Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Having less operators and more profit doesn't mean more investment. Just means more profit for offshore investors.
  • woody2234
    woody2234 Posts: 414 Forumite
    Part of the Furniture 100 Posts
    From the BBC website

    "Now, the longer term, pan-European perspective. There is a mounting anxiety in the telecoms industry that Europe has lost its way over the last decade."

    "In the GSM era, a mobile standard framed on the continent made European companies, notably Nokia, the global leaders. But first in 3G, and more so in 4G, both the United States and now China have been faster in rolling out the new networks, and Europe has lost its lead."

    Well I like Three because its good value for money but Vodafone has better coverage
    Let them eat cake (Marie Antoinette 1765)
  • d123
    d123 Posts: 8,691 Forumite
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    Having less operators and more profit doesn't mean more investment. Just means more profit for offshore investors.

    Agreed, it was a good decision, backed up by all the UK authorities.
    ====
  • Ian011
    Ian011 Posts: 2,432 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    A single physical network would mean Ofcom could specify and enforce full coverage. With multiple networks, each one just covers areas with high population and ignores more rural areas. Competition isn't working for consumers.
  • mobilejunkie
    mobilejunkie Posts: 8,460 Forumite
    And you would prefer to rely on a so-called government regulator to look after your interests? Good luck with that...
  • System
    System Posts: 178,185 Community Admin
    10,000 Posts Photogenic Name Dropper
    The coverage in Scotland is appalling and mostly 2G.

    A properly invested network along multiple, competitive MVNOs is the way to go - that's what 3 were offering.
    Bad.
    The UK desperately needs investment in the mobile infrastructure. Having fewer firms means LESS competition and therefore MORE money to invest.

    This obsession with low low prices and 'competition' amongst 3 or 4 suppliers as some mantra which will mysteriously drive improvement is bizarre.
    Nope - it will just stall investment with each firm competing for each others' customers by cutting prices even further leading to an even worse service in the future.
  • Browntoa
    Browntoa Posts: 49,520 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    now and official thread on the same subject




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