The two largest mobile operators in the UK market are EE and Virgin Media O2, respectively. Vodafone and Three UK are third and fourth in this ranking. Both Vodafone and Three would like to strongly compete with the other two companies, and their way to enter an equal fight is to be a potential merger of the two companies.
Analysts say that neither Vodafone nor Three have sufficient capital to afford the buyout of the second company, hence a merger may be an option for establishing cooperation between the companies. It is worth mentioning that a similar topic appeared in the press last year, but it was not finalized. So far, the financial details of the cooperation are unknown. It is known, however, that the combination of Vodafone and Three's forces would significantly improve the expansion of 5G coverage among customers in the UK.