UK telecoms tower merger risks higher mobile costs* The CMA has provisionally found Cellnex’s proposed purchase of CK Hutchison’s telecoms towers would harm competition. Cellnex is an independent supplier of telecommunications infrastructure, currently active across several European countries. CK Hutchison is a multinational conglomerate that currently owns and operates the Three mobile network in the UK. The proposed deal, in which Cellnex has agreed to buy CK Hutchison’s UK passive infrastructure assets forms part of a broader set of transactions - worth £8.6bn (€10bn) in total - involving the sale of CK Hutchison’s assets in several
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The UK Competition Authority provisionally finds in Phase II investigation that the proposed purchase of a multinational conglomerate’s passive UK telecoms infrastructure assets by the largest national independent telecommunications infrastructure supplier would harm competition by removing the possibility for a third infrastructure supplier to emerge (Cellnex / CK Hutchison)
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