Virgin and O2’s merger is granted provisional approval

The Competition and Markets Authority (CMA) has granted provisional regulatory approval of Virgin’s proposed merger with O2.

In November last year, the European Commission – which, pre-Brexit, had regulatory oversight over the deal – referred the proposed merger to the UK’s competition regulator.

Andrea Coscelli, Chief Executive at the CMA, said at the time:

“These are incredibly important UK markets, that continue to evolve, and the deal needs to be...

T-Mobile CEO: Sprint’s network shuttering won’t really start until 2022

T-Mobile has begun shuttering Sprint’s network in a few locations following its acquisition but doesn’t expect to really start until 2022.

T-Mobile acquired Sprint for $26 billion earlier this year. Industry observers have been awaiting news on the company’s plans to shutter the old network as the “New T-Mobile” rolls out—which promises 14 times more capacity in six years than standalone T-Mobile has today.

During a UBS investor event, T-Mobile CEO Mike...