{"id":23072,"date":"2023-06-15T13:33:38","date_gmt":"2023-06-15T17:33:38","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/factbox-vodafone-hutchison-uk-merger-to-create-countrys-largest-mobile-operator\/"},"modified":"2023-06-15T13:33:39","modified_gmt":"2023-06-15T17:33:39","slug":"factbox-vodafone-hutchison-uk-merger-to-create-countrys-largest-mobile-operator","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=23072","title":{"rendered":"Factbox-Vodafone, Hutchison UK merger to create country&#8217;s largest mobile operator"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. FILE PHOTO: A branded sign is displayed on a Vodafone store in London, Britain May 16, 2017. REUTERS\/Neil Hall\/File Photo<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>(Reuters) &#8211; Vodafone (NASDAQ:) and CK Hutchison unveiled the merger of their British operations, creating the country&#8217;s largest mobile operator.<\/p>\n<p>Hutchison will own 49% and Vodafone 51% of the combined group, which will be led by current Vodafone UK boss Ahmed Essam.<\/p>\n<p>Here are some details on UK operations of both the companies:<\/p>\n<p>CUSTOMERS<\/p>\n<p>Vodafone had 17.9 million mobile customers as of February, while Hutchison, which operates under the name Three UK, had 13.1 million as of March, according to annual reports. <\/p>\n<p>REVENUE <\/p>\n<p>UK represented 14% of group service revenue for Vodafone, and 16% of total revenue for Hutchison, according to latest annual results. <\/p>\n<p>EMPLOYEES<\/p>\n<p>Vodafone had 9,198 employees in UK as of March 2022, while Three UK has more than 4,800 employees, according to its website. <\/p>\n<p>RETAIL STORES <\/p>\n<p>Three has 311 retail stores in UK, according to its website, while Vodafone UK had 410 stores as of January. <\/p>\n<p>SPECTRUM <\/p>\n<p>Vodafone has spectrum access between 3720-3760 MHz, while Three UK has access between 3460-3480 MHz, according to British telecoms regulator Ofcom.<\/p>\n<p>BT Group-owned EE has access between 3680-3720 MHz and O2 has licenses in the range of 3760-3800 MHz. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/factboxvodafone-hutchison-uk-merger-to-create-countrys-largest-mobile-operator-3105263\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: A branded sign is displayed on a Vodafone store in London, Britain May 16, 2017. REUTERS\/Neil Hall\/File Photo (Reuters) &#8211; Vodafone (NASDAQ:) and CK Hutchison unveiled the merger of their British operations, creating the country&#8217;s largest mobile operator. Hutchison will own 49% and Vodafone 51% of the combined group, which will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-23072","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Factbox-Vodafone, Hutchison UK merger to create country&#039;s largest mobile operator | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. FILE PHOTO: A branded sign is displayed on a Vodafone store in London, Britain May 16, 2017. 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