Three-O2 Merger Plans Under Scrutiny

The Three-O2 merger is at a very delicate stage: it's clear that OFCOM have serious reservations about the merger largely because of its effects on concentration in the mobile market. However, Hutchison who would own the merged entity have apparently tried to allay these fears by promising to freeze bills for five years, ensure that future cost savings are passed on to their customers and open up access to its network in a bid to increase market contestability.