1126 GMT - Vodafone's completion of its merger Three UK is seen as a positive development for the U.K. telecom market, ING's Jan Frederik Slijkerman says. The merger is expected to boost the London-listed telecommunication group's customer and revenue growth in the region. The move will enable increased investment in both fixed and mobile infrastructure, he adds. However, the main focus remains on the execution of the companies' planned 11 billion pounds investment in U.K. infrastructure, he notes. "For Vodafone Three, expanding its broadband customer base will be crucial--especially as the bundling of fixed and mobile services is likely to become increasingly important." Vodafone shares are down 0.5% at 76.48 pence. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
June 02, 2025 07:26 ET (11:26 GMT)
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