Three UK completes acquisition of UK Broadband Limited
There will be no immediate changes to the Relish wireless broadband operations or brand and Relish will continue to manage its 17,000 home and business customers.
Three UK will update the industry later this year on its plans for UK Broadband as it focuses its attention on the upcoming auction of mobile spectrum by the regulator Ofcom.
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* The deal is comprised of a £250 million cash payment and two £25 million deferred credits towards MVNO services on Three UK’s network.
Notes to Editors
Three UK is a communications company focused on making the industry better for everyone.
We want to give customers a quality, reliable experience and address the industry issues that frustrate them.
We continue to look at ways of improving the services we offer our customers.
Three UK carries 35% of the UK’s mobile data traffic. Our network covers 98% of the UK population.
Three UK is part of the CK Hutchison Holdings Ltd group of companies which has mobile operations in 11 countries.
Three UK employs more than 4,400 people across its offices in Maidenhead, Glasgow and Reading and its 324 retail stores.