Vodafone Group's Merger With Three UK Expected to Boost Domestic Market -- Market Talk
Dow Jones
Oct 20
0914 GMT - Vodafone Group's merger with Three UK is likely to benefit the domestic telecom market, Berenberg analysts write in a note. However, the deal requires strong execution to realize its full potential, they say. The U.K. telecommunication group finalized the deal with its U.K. rival in June. While the consolidation should benefit Vodafone, it will also positively impact the broader U.K. telecom market over time, they add. "As the other main U.K. infrastructure companies--BT Group and Virgin Media O2--also boost their investment plans, this will support attractive returns for the U.K. telecoms market for many years," they say. Shares are down 0.1% at 0.87 pounds. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
October 20, 2025 05:14 ET (09:14 GMT)
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