What are MVNOs and how do they operate in the mobile network industry?
EU Rejects Li Ka-Shing's O2 Deal
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The European Union rejected a proposed mobile industry consolidation deal, citing concerns over reduced competition and higher consumer prices. The deal aimed to reduce operators to three, with conditions for network sharing. The EU Commissioner demanded a fourth network to maintain competition. Despite efforts to strike deals with smaller operators, the proposal faced no interest, leading to potential legal challenges.
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What alternatives did the CK explore after the deal was rejected?
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