Vodafone is to shut down its pager business after the competition watchdog refused to approve its sale to Capita.
The telecoms giant said it was “disappointed” with the Competition and Markets Authority’s decision, will no longer pursue a sale, and will close the unit down.
A Vodafone spokesman said: “This seems to be a surprising decision considering that this market has been contracting for some time and no other country in Europe has more than one wide-area paging network.
“Due to the expense involved with a prolonged investigation, Vodafone will not pursue the transaction and has made the decision to close down this business, which is based on ageing, standalone technology no longer supported by network vendors.”
The CMA refused to rubber stamp the deal amid fears that customers would face price hikes in the wake of the deal.
Full Content: Belfast Telegraph
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