Vodafone Receives Approval for Merger With Three UK: Stock to Gain?

Zacks12-07

Vodafone Group Public Limited Company VOD recently secured approval for a merger with Three U.K. from the Competition and Markets Authority (CMA), U.K. The merger, which went through thorough scrutiny...

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This creates a robust competitor in the U.K. telecom market as the combined resources of the companies will likely improve service quality and coverage. It will strengthen Vodafone’s market position and enable it to capitalize on the growing demand for advanced telecom services.Vodafone currently carries a Zacks Rank #2 .InterDigital IDCC sports a Zacks Rank #1  at present. In the last reported quarter, it delivered an earnings surprise of 114.47%. You can see the complete list of today’s Zacks #1 Rank stocks here.It is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company designs and develops a wide range of advanced technology solutions used in digital cellular, wireless 3G, 4G and IEEE 802-related products and networks.Workday Inc. WDAY","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","LU1046421795.USD":"富达环球科技A-ACC","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","BK4581":"高盛持仓","BK4548":"巴美列捷福持仓","LU1235294995.USD":"FIDELITY GLOBAL TECHNOLOGY \"A\" (USDHDG) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4145":"电子制造服务","BK4528":"SaaS概念","PLXS":"普雷克萨斯","BK4023":"应用软件","LU1989763005.USD":"东方汇理教育基金A2 Acc","IDCC":"InterDigital","BK4532":"文艺复兴科技持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","CMA":"联信银行","LU1989773731.SGD":"CPR Invest - Education A2 Acc SGD-H","BK4585":"ETF&股票定投概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","VOD":"沃达丰","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","BK4211":"区域性银行","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","WDAY":"Workday","BK4132":"无线电信业务","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU2517655028.SGD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (SGDHDG) ACC","BK4588":"碎股","LU2517655291.USD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (USD) ACC","LU2517655374.HKD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (HKD) ACC","BK4589":"SVB概念"},"translate_title":"沃达丰获得与Three UK合并的批准：股票会上涨吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WDAY":1,"PLXS":1,"IDCC":1,"CMA":1,"VOD":0.9},"content_text":"Vodafone Group Public Limited Company VOD recently secured approval for a merger with Three U.K. from the Competition and Markets Authority (CMA), U.K. The merger, which went through thorough scrutiny for 18 months, is expected to be completed in the first half of 2025.Vodafone and Hutchinson’s Three UK are two of the prominent telecom enterprises in the U.K. alongside EE and O2. Post merger, the number of mobile network operators will decline to three from four. This move can drive cost savings and boost profit for companies but concern about price hikes led the CMA to put some conditions to safeguard consumer interest.The merger will be allowed to proceed only after the company signs legally binding commitments that include 11 billion euro investments for advanced 5G infrastructure deployments across the U.K. This will ensure network coverage for 99% of the population and benefit over 50 million people. The advanced 5G network will bring the network consistency, speed and reliability needed to address emerging advanced technology such as AI. The extensive network rollout plan to transform the U.K.'s digital infrastructure will boost competition between the operators in the long run.To protect customers from short-term price fluctuations, the joint entity has to abide by the capping of selected mobile tariffs for a period of three years. Wholesale services should be offered to virtual network operators at pre-set prices and contract terms for three years. The telecoms regulator Ofcom will monitor the adherence to these pricing and investment commitments.\nWill This Development Boost VOD’s Share Performance?\nFollowing the merger, the joint entity will be the largest mobile network operator in the U.K., with Vodafone holding a 51% stake in the entity. This creates a robust competitor in the U.K. telecom market as the combined resources of the companies will likely improve service quality and coverage. It will strengthen Vodafone’s market position and enable it to capitalize on the growing demand for advanced telecom services.\nVOD’s Stock Price Movement\nThe stock has gained 3.8% over the past year against the industry’s decline of 13.2%.\nImage Source: Zacks Investment Research\nZacks Rank & Other Stocks to Consider\nVodafone currently carries a Zacks Rank #2 (Buy).InterDigital IDCC sports a Zacks Rank #1 (Strong Buy) at present. In the last reported quarter, it delivered an earnings surprise of 114.47%. You can see the complete list of today’s Zacks #1 Rank stocks here.It is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company designs and develops a wide range of advanced technology solutions used in digital cellular, wireless 3G, 4G and IEEE 802-related products and networks.Workday Inc. WDAY carries a Zacks Rank of 2 at present. In the last reported quarter, it delivered an earnings surprise of 9.88%.WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system, making it easier for organizations to provide analytical insights and decision support.\nPlexus Corp. PLXS flaunts a Zacks Rank of 1 at present. It is a leading electronic contract manufacturing services provider to original equipment manufacturers in a wide range of industries. In the last reported quarter, PLXS delivered an earnings surprise of 20.92%.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nVodafone Group PLC (VOD) : Free Stock Analysis Report\nPlexus Corp. (PLXS) : Free Stock Analysis Report\nInterDigital, Inc. (IDCC) : Free Stock Analysis Report\nWorkday, Inc. (WDAY) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489725177"}