O2

UK regulator calls for blocking of O2 and Three

The British telecoms regulator has urged Brussels to block the proposed merger of telecoms operators O2 and Three, which it fears will send mobile phone bills for users in the UK sharply higher.

Writing in the FT ahead of Europe’s first formal statement on the deal, Ofcom chief executive Sharon White said the merger of two of Britain’s four operators could also hit rival high-street retailers and upset existing network arrangements.

The arguments opposing the deal mark the strongest position taken on the £10.5bn merger to date by Ms White, the former Treasury enforcer who became head of Ofcom last year.

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