Vodafone, Hutchison unveil $19 bln UK mobile merger ...Middle East

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Vodafone, Hutchison unveil $19 bln UK mobile merger
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Vodafone and CK Hutchison finally unveiled the 15 billion pound ($19 billion) merger of their British mobile operations on Wednesday, saying the creation of a new market leader would drive competition and investment in the country. The long-awaited deal, after the two companies publicly revealed they were in talks in October, will now trigger prolonged scrutiny by the anti-trust regulator into whether an operator with 27 million customers can damage competition.

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