We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
78,785 News Articles

Vodafone scraps T-Mobile deal

Shareholders voice concerns over merger

Vodafone is thought to have scrapped plans to purchase rival mobile network T-Mobile in the UK after shareholders voiced their concerns over the deal.

Vodafone chairman, Sir John Bond revealed at the company's 25th annual general meeting that "there is no sale process for T-Mobile".

However, he also added that "consolidation would be quite a good thing" as there are too many networks and too few customers in the UK.

O2 is the UK's biggest mobile network with a 27 percent share of the market, while Vodafone is in second place with 25 percent. However, a tie-up with T-Mobile would ensure Vodafone's market share rises to 40 percent. O2 is also thought to be considering a merger with T-Mobile.

Mobile phone buying advice

See all mobile phones

See also: Free Facebook surfing for Vodafone users


IDG UK Sites

3 of the best portable chargers: a solar power charger, a hand-cranked charger, and how to charge...

IDG UK Sites

iOS 8 review: Hands on with the iOS 8 beta

IDG UK Sites

Thinking robots: The philosophy of artificial intelligence and evolving technology

IDG UK Sites

Sharknado 2 VFX: how The Asylum created CG flying man-eating sharks