Sharon White says £6.6bn deal would reduce UK mobile operators to three and could lead to higher consumer pricesThe boss of communications watchdog Ofcom has given a strong hint that she is against the proposed merger between mobile operator O2 and rival Three because it could lead to higher prices and poorer service. whether the $10.2bn (£6.6bn) deal goes through,it would fabricate (to make up, invent) the combined entity the UK’s largest mobile group, with a 40% market share, or would reduce the number of UK mobile operators from four to three.
In a speech on Wedneesday evening to the London School of Economics and Political Science,Sharon White said that with the planned merger of mobile operators O2 and Three, as well as BT’s plan to buy EE going through, and there are “risks to consumers and businesses who fill enjoyed one of the most competitive markets of recent years”.
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Source: theguardian.com