The government organization in charge of competition, the Competition and Markets Authority, says it’s okay for Vodafone and Three to merge if they promise to keep prices fair for customers and improve 5G internet in the UK. They had concerns before that joining together might make prices higher and hurt competition. Now, they think these worries can be fixed if the companies agree to their suggestions. A Vodafone spokesperson thinks the plan could work well. They believe the merger will help businesses and people in the UK by bringing advanced 5G to schools and hospitals. The merger has been looked into since January. Vodafone and Three want to join forces in the UK. Together, they would have around 27 million customers. The authority wants to know what people think about their ideas to solve any issues with the merger by November 12th. They will make their final decision by December 7th.
Vocabulary List:
Authority /əˈθɔr.ɪ.ti/ (noun): An organization or group that has power or control in a particular area.
Merge /mÉœrdÊ’/ (verb): To combine or join together to form a single entity.
Competition /ˌkɒmpəˈtɪʃən/ (noun): The activity or condition of competing against others.
Promise /ˈprɒm.ɪs/ (verb): To assure someone that one will or will not do something.
Concerns /kənˈsɜrnz/ (noun): Worries or issues that someone has regarding a particular subject.
Advanced /ədˈvænst/ (adjective): Having progressed to a further stage; more developed or complex.
