Thursday 21 November 2024
Select a region
Business

Sure completes takeover of Airtel Vodafone

Sure completes takeover of Airtel Vodafone

Monday 04 November 2024

Sure completes takeover of Airtel Vodafone

Monday 04 November 2024


Sure has completed its takeover of Airtel Vodafone – which will lead to a £48 million investment in a new 5G mobile network.

There will be no "immediate change" for Sure or Airtel customers as both companies will continue to operate separately.

The move was approved by the Jersey Competition Regulatory Authority in August with conditions attached due to the "risk that the merger would substantially lessen competition" in Jersey’s mobile retail market.

A new mobile service from the Channel Islands Cooperative Society, using Sure's network, is expected to launch within a year as one of the conditions imposed by the JCRA to protect competition.

Airtel Vodafone customers will also be able to continue their existing plans for up to three years.

Sure claimed the merger would put Jersey and Guernsey ahead of the UK when it came to security standards, would require a third fewer masts to run and provide "faster speeds and greater coverage".

Sure Group CEO Alistair Beak said it was an "exciting day for the future of Channel Island telecommunications".

He added: "We want existing and new customers to know that the large investment we’re making will lead to significant improvements to their connectivity, speeds and coverage, as well as value for money through innovative products and services.

"The new mobile network, complemented by our extensive fibre network, will mean we can stay ahead of future demand driven by our increasingly digital lifestyles."

More information is available online.

Sign up to newsletter

 

Comments

Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?