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The Deal Room: Private Equity's Unique Subway Sandwich!

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The CMA's Pros and Cons of a Combination of Mobile Phone Operators

A lot of the argument for this combination is look, two sub-scale businesses, we can't operate independently. We need to team up together in order to share resources, right? But actually in this industry, resource sharing already happens. So they're already doing these deals to kind of benefit from shared capacity. There's that argument that they should be the senior party, but also from a national security perspective. It is seen as quite important that a critical piece of British infrastructure is owned,. you know, from a percentage ownership and a control perspective by a UK DLC.

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