Three’s proposed merger with Vodafone is now ‘vital’ to enable the required investment scale, said Three CEO Robert Finnegan. The network today revealed its Q3 results which showed total revenue of £1.8bn, an increase of two per cent over the same period last year. Three now has 10.7 million active customers, an increase of four per

Three’s business customer base surged by 86 per cent to half a million business customers compared with a year ago and the network now has a total active customer base of more than 10.5 million people, up by 661,000 a year ago.

The combined Vodafone and Three network will invest €11 billion over 10 years to create the UK’s biggest network and boosting economic growth and employment. Three UK CEO, Robert Finnegan, and Vodafone UK CEO, Ahmed Essam (main pic) have put more flesh on the bone of the historic merger. Both confirmed there will be no

Three’s revenue Q1 revenue grew by five per cent to £610m, while margin increased by seven per cent to £389m according to figures released today,

Three Business continued to develop in this quarter with the launch of Business Broadband and promotion of Adapt product

Its 5G network coverage now covers 56 per cent of UK population across 3,300 sites

The new office sees Three UK’s two Thames Valley offices combined in one location

Capex spend is up 7pc due to network investment as the company continues to rollout 5G and enhance 4G network

Pre pay customers remain down since the pandemic, but Three expect a recovery in the coming months

Ofcom will consider adapting its regulatory approach if changes are made to the market and will clearly set out how it has considered investment when making future policy decisions.

Revenue for the first quarter hit £581m

Hennessy replaces the outgoing Buttsworth and remains as Three Ireland CTO

Three is aiming to have employees working at the new office by Q3 2021

Finnegan, who took the reins at a challenging time, wants a better investment climate

New head office will account for increased remote work preference, says CEO Finnegan

Tomlinson previously held SME head roles at EE/BT