![]() The deal comes a month after Vodafone announced that it was laying off 11,000 workers globally as part of a major revamp aimed at cutting costs and boosting flagging financial performance. Unite, Britain’s largest trade union, urged the government to “step in and stop this reckless merger,” arguing it would lead to job losses and push up prices for customers. The firms said it was too early to put a figure on the number of jobs that would be affected. ![]() It expects cost savings of more than 700 million pounds within five years of the deal’s completion, through measures such as merging IT systems combining marketing, sales, distribution and logistics activities and general cost-cutting. chief financial officer Darren Purkis taking on that role at the merged company. boss Ahmed Essam will be chief executive, with Three U.K. ![]() ![]() If it gets the go-ahead from regulators, Vodafone U.K. ![]()
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