Speculation becomes fact – Vodafone announces proposed JV with Three, but is it good news for consumers?

Back in December, I mused over the likelihood Three would be a target for merger.

At the time Robert Finnegan was doing a round of interviews which suggested it was open to all options. Well today, the option has been confirmed as Vodafone, which would have a 51% stake in a JV. It would create the biggest operator in the UK with 27 million subscribers, compared to VMO2 with 24 million and EE, owned by BT of 20million.

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