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Vodafone–Three merger cleared to proceed with commitment to invest heavily in UK 5G rollout
The UK’s competition watchdog has cleared Vodafone’s proposed merger with Three. The Competition and Markets Authority (CMA) ruled that Vodafone’s merger with Three should be allowed to proceed if both companies sign binding commitment to invest millions to roll out a combined 5G network across the UK. After an 18-month long deliberation, the £16.5 billion merger will go ahead, constituting…
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Companies Should Invest More in Tech
A new report by the Tech Council of Australia concluded that Australia’s large, mid-sized, and start-up businesses must increase spending on technology adoption to contribute to an economy-wide push to grow overall tech investment levels and ensure the country does not fall behind the rest of the world. The report, published in November, argues that Australia should adopt a national…
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American utilities firms need to invest now to feed AI energy demands
AI is so energy hungry that American utilities companies must upgrade their capacity and networks to meet growing demand. That’s according to consultancy Bain & Company, which warned that demand for power could soon be outstripped by supply in the US, home to many of the biggest AI developers. The warning follows Amazon investing in a nuclear-powered data center and…
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