Vodafone, 3 Mobile Merger: Existing plans will remain unchanged
Update: The ACCC has ruled that it will not oppose the Vodafone/Hutchison merger
Vodafone and 3 Mobile have said that existing plans will remain in place for the next two years if the merger between the two companies (Vodafone and Hutchison) goes ahead.
This statement was made in advance of the ACCCs results of an enquiry into the proposed merger.
The ACCC findings are scheduled to be released on Thursday. The investigation was due to concerns about increased broadband prices for consumers as a result of the merger.
The merger plans were announced in February. The new, joint venture company, VHA Pty Ltd will have 6 million customers. Optus, the number two provider behind Telstra, currently have 7.6 million customers. This will equate to a 26% market share for the Vodafone, 3 Mobile merged company.
The merger will deliver a higher quality network with 3G coverage to about 95% of the population.
The network arrangement between 3 Mobile and Telstra to enable roaming on the Telstra Next G network will remain.
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