Vodafone CEO Warns of 5G Access Challenges Without Merger Approval

Vodafone's chief executive, Margherita Della Valle, has expressed concerns that Labour's promise of nationwide 5G access by 2030 may not be achievable if Vodafone's £15 billion merger with Three UK is blocked. In the party's election manifesto, Labour emphasized the need for improved mobile network coverage to keep pace with global advancements in technology, particularly in areas like artificial intelligence. Della Valle highlighted the critical role of robust networks in facilitating these technological developments. The proposed merger, currently under investigation by the UK competition watchdog, aims to create the largest mobile operator in the UK, combining Vodafone and Three's resources to better compete against major players like BT and Virgin Media O2. Both companies argue that the merger is essential for driving investment and enhancing competitive pricing in the market. They have committed to investing £11 billion over the next decade to upgrade and expand their 5G network. Della Valle noted that the telecommunications industry significantly influences various sectors of everyday life, underscoring the importance of a strong network infrastructure. She warned that if the merger does not receive approval, Vodafone would be compelled to reduce its investment in the UK market, further hindering the rollout of 5G technology. The CEO emphasized that without the merger, Vodafone lacks the necessary scale to invest adequately in the UK's 5G needs, which could lead to constrained investment and slower technological progress.