Mobile carrier Three buys UK Broadband for up to $373M in spectrum grab

After getting its proposed merger with O2 blocked by regulators last year, today Three UK announced another strategy for increasing its presence in the market, specifically by growing spectrum capacity. The carrier is acquiring UK Broadband in a transaction valued at £300 million ($373 million) — £250 million up front with “a deferred £50 million “made available as a… Read More