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Vodafone and Three agree merger to form UK’s largest mobile operator

The Guardian M&A

The two companies are the UK’s third- and fourth-biggest operators respectively. The newly combined company will, if the merger is completed, have more than 27 million subscribers, leapfrogging rivals EE, owned by BT, and Virgin Media O2, owned by Spain’s Telefónica and the US-listed company Liberty Global.

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Virgin Media O2 explores bid for rival TalkTalk

The Guardian M&A

Pay-TV, broadband and mobile company aims to build scale to take on BT and Sky Virgin Media O2 has explored making a multibillion-pound offer for broadband and the telecoms company TalkTalk in its latest move to build scale to create a new “national champion” to challenge BT and Sky. Continue reading.