[ad_1]
London, Jun. 15, (dpa/GNA) – British provider Vodafone Group and CK Hutchison Group Telecom Holdings Limited, agreed to combine their British telecommunication businesses Vodafone UK and Three UK, the companies said in a statement on Wednesday.
On closing the transaction, Vodafone will own 51% of the combined business and CK Hutchison 49%.
The merged company will have Ahmed Essam, current Vodafone UK chief executive, as its chief executive, and current Three UK CFO Darren Purkis as finance chief.
GNA
Related
[ad_2]
Source link
