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The Independent UK
The Independent UK
National
Henry Saker-Clark

Buyer of Three network owner to sell 1,000 mobile towers to allay price fears

PA Archive

Telecoms business Cellnex will have to sell around 1,000 mobile towers in order to buy the company behind Three’s mobile network in the UK, after the competition watchdog warned it could push up prices for mobile users.

The Competition and Markets Authority said that the £8.6 billion European deal for CK Hutchison will only be allowed if it sells off parts of the network in the UK.

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