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Regulator seeks views on Sure's plan to buy Airtel-Vodafone

Regulator seeks views on Sure's plan to buy Airtel-Vodafone

Tuesday 08 November 2022

Regulator seeks views on Sure's plan to buy Airtel-Vodafone

Tuesday 08 November 2022


Islanders are being invited to share their views on Sure's proposed acquisition of Airtel-Vodafone.

The takeover bid was announced early last month, with Sure claiming it will "result in up to £48m being invested in a new innovative mobile network" including 5G services.

The plan to acquire 100% of Airtel-Vodafone in the Channel Islands from Bharti Global Limited is currently subject to regulatory approval in both Jersey and Guernsey.

In Guernsey, the companies are currently applying for an exemption from notifying - if this is successful, they will not be required to notify in the same way.

The Jersey Competition and Regulatory Authority (JCRA), meanwhile, is now inviting anyone to share their comments on the proposed transaction.

The deadline for comments is 17:00 on 21 November 2022. Any comments can be sent via email to info@jcra.je, clearly marked ‘C-042 – Sure, Airtel’.

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