The ACCC has approved the merger between Vodafone Australia Limited and Hutchison 3G Australia Pty Limited; a 50:50 joint-venture that will be known as Vodafone Hutchison Australia (VHA).
The decision has been welcomed by Nick Read, CEO of Vodafone Asia-Pacific & Middle East Region and proposed Chairman of VHA.
“The ACCC’s decision confirms our view that this merger will be good news for Australian customers. VHA will be a stronger mobile company, more competitive and more capable of providing an even better deal for customers.”
VHA will continue to market products and services under the Vodafone and 3 brands and all respective network arrangements, caps and plans, retail outlets and customer service capabilities will remain unchanged for the foreseeable future.
As confirmed earlier in the week, customers will not be disadvantaged by the merger, with current customer caps remaining in place for the next two years.
VHA also confirmed that all Vodafone and 3 mobile handsets and mobile broadband devices will continue to operate as normal, and all customers’ phone numbers and account credits remain the same.
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