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Vodafone vows to invest more than £1bn in a year as it seals Three UK merger

Telecoms groups’ £16.5bn tie-up will create largest mobile network in UK with more than 27 million subscribersBusiness live – latest updatesVodafone has promised to invest more than £1bn in expanding its network coverage in the next year, as it sealed a £16.5bn merger with its former mobile rival Three UK.The new business, named VodafoneThree, will invest £11bn in its coverage over the next decade, in line with commitments agreed with the UK competition regulator last year. It will invest £1.3bn in capital expenditure projects in its first year, the company said on Monday. Continue reading...

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