Vodafone and Three UK have pledged to cap their lowest-cost mobile plans at £10 for two years, as they hope to convince watchdogs to approve their £15bn merger.
The Competition and Markets Authority (CMA) has been investigating the merger between the mobile giants since it was announced last summer – and may choose to block it if it thinks customers will be left worse off.
The CMA has been investigating the merger between the mobile giants since it was announced last summer
The CMA provisionally found that the planned tie-up could lead to higher bills for customers.
But Vodafone and Three set out commitments as part of efforts to address the CMA’s concerns.
This included a promise to maintain tariffs at £10 a month, or less, for two years after the merger, for ‘value-focused’ customers on Smarty deals.
Smarty, which is owned by Three UK and uses the same network, offers plans for as little as £5 a month.
DIY INVESTING PLATFORMS
AJ Bell
AJ Bell
Easy investing and ready-made portfolios
Hargreaves Lansdown
Hargreaves Lansdown
Free fund dealing and investment ideas
interactive investor
interactive investor
Flat-fee investing from £4.99 per month
Saxo
Saxo
Get £200 back in trading fees
Trading 212
Trading 212
Free dealing and no account fee
Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.
Compare the best investing account for you
***
Read more at DailyMail.co.uk