Perhaps announcing a price increase this Spring was a tad risky?
Quote:
The UK competition watchdog is to investigate whether Virgin Media’s proposed £31bn tie-up with telecoms operator O2 could lead to higher prices for mobile and broadband customers or poorer 5G connectivity for rival operators. Liberty Global and Telefónica, the respective owners of Virgin Media and O2, struck a deal to combine their UK operations in May last year with plans to combine the country’s second-largest broadband network and largest mobile operator.
The CMA on Thursday highlighted two areas of potential harm that could be triggered by the merger including the impact on the market for “virtual” operators that use mobile networks such as O2’s to offer services to consumers.
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Another area the CMA said it would examine was Virgin Media’s supply of leased lines — known as “backhaul” — to mobile network operators. These connect mobile masts to the main telecoms grid and will become more important in the 5G era as huge amounts of mobile data are transported across the network.
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https://www.ft.com/content/cf843cf0-...4-a3233cebeaca