Vodafone 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.
