Vodafone and CK Hutchison are in negotiations to merge their companies in the United Kingdom in order to establish a market-leading mobile network that may advance the roll-out of 5G services and boost Internet accessibility. Combining Vodafone UK with Hutchison’s Three, Britain’s third and fourth largest networks, would result in a company with around 27 million mobile subscribers. Vodafone stated that CK Hutchison would hold 49% of the business and Vodafone would own 51%, an arrangement that would be accomplished by altering debt ownership rather than by trading cash. Reports of a possible partnership between the two companies surfaced earlier this year. The global corporation CK Hutchison stated that no legally binding agreement for such a merger has been entered into, but the proposed acquisition is expected to require that both businesses would integrate their UK companies. CK Hutchison further said that there is no guarantee that any…
