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☆ British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted
▼ + stars: | 2024-11-05 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

LONDON British telecom firms Vodafone and Three's multibillion-pound merger could go ahead if the companies adopt a series of proposed remedies to clear competition concerns, regulators said Tuesday. Vodafone has previously said that the combined entity, once merged, would invest £11 billion ($14.46 billion) into U.K. telecommunications infrastructure. Vodafone has also said it disagrees with earlier findings from the CMA that the merger would lead to price increases for consumers. It says the merger wouldn't pricing strategy and would enhance competition between mobile virtual network operators, or MVNOs. "Approval would mark one of the most significant developments in the history of UK mobile, heralding the arrival of a new market leader with over 29 million customers," Manning said in emailed comments.

Persons: Margherita Della Valle, Three's, Stuart McIntosh, McIntosh, CK Hutchison, Kester Manning, Manning Organizations: Vodafone, LONDON, Markets Authority, Ofcom, CMA, CNBC, 5G, Sky Mobile, Mobile, CK, CK Hutchison, EE, BT, O2, Telefonica, Liberty Global, CCS Insight Locations: London, British, Hong Kong

☆ My husband is turning 68 and terrified of retiring. I'm ready for a more flexible lifestyle.
▼ + stars: | 2024-04-29 | by ( Marcia Kester Doyle | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . We've been married for 40 years, and I've never known a man with a stronger work ethic than my husband. AdvertisementIn July, my husband turns 68 and is still uncertain about leaving his ground maintenance job at an upscale condo. While most boomers are thrilled to leave the rat race and rack up their flying miles, my husband is terrified of leaving his beloved job. AdvertisementI'm ready for a more flexible lifestyleDeprogramming someone conditioned to work full-time was more difficult than I'd anticipated.

Persons: —, We've, I've, He's, he'll, he's, We're, he'd, I'm, we're Organizations: Service

☆ Ruby Franke, sobbing at sentencing, blames child abuse on being 'deceived' into thinking the world was 'evil'
▼ + stars: | 2024-02-20 | by ( Lindsay Dodgson | Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Franke, known for her YouTube channel "8 Passengers," was charged with four counts of aggravated child abuse. She was arrested at 9:33 p.m. on August 30, 2023, in Ivins, Utah, and later charged with six felony counts of child abuse. The arrest followed years of controversy and allegations of child abuse . AdvertisementSince Franke and Hildebrandt's arrest, more details have emerged about the abuse Franke's young children were subjected to. He said Hildebrandt "systematically isolated" Franke "from her extended family, older children, and her husband, Kevin Franke."

Persons: momfluencer Ruby Franke, Franke, Jodi Hildebrandt, Kevin, Shari Franke, We've, " Hildebrandt, Hildebrandt, LaMar Winward, Kevin Franke, of Jesus Christ, Randy Kester, Kester Organizations: YouTube, CPS, Salt Lake Tribune, of Jesus, & Crime Locations: Utah, Ivins , Utah, Salt

☆ Ruby Franke's husband files for divorce 3 months after the YouTuber was arrested on child abuse charges
▼ + stars: | 2023-12-01 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Ruby Franke's husband filed for divorce this week following her arrest on child abuse charges. AdvertisementKevin Franke — the husband of former YouTuber Ruby Franke — filed for divorce from his wife this week, approximately three months after she was arrested and later charged with six counts of child abuse. Kevin Franke's divorce filing comes about three months after Ruby Franke and her business partner Jodi Hildebrandt were arrested and later charged with six felony counts of child abuse each. In the aftermath of her arrest, Ruby Franke's estranged sisters posted videos denouncing her relationship with Hildebrandt and blaming Kevin Franke for failing to intervene. Bonnie Hoellein said it was Kevin Franke's "job to check in on things and he did not."

Persons: Ruby, Kevin Franke, Kevin, —, Kevin Franke —, Ruby Franke —, Ruby Franke, Kevin Franke's, Jodi Hildebrandt, Franke, Hildebrandt, Randy Kester, Kester, Ruby Franke's, Bonnie Hoellein Organizations: Service, Business, NBC News, YouTube, Authorities, Police, Morning America, NBC Locations: Utah

Vodafone and CK Hutchison, which owns the Three UK mobile network, agreed to merge their U.K. businesses, following talks that have been ongoing since last year, the companies said Wednesday. Vodafone will own 51% of the combined business, leaving CK Hutchison the minority stake. "This long-awaited mega merger represents the biggest shake-up in the UK mobile market for over a decade," Kester Mann, director for consumer and connectivity at CCS Insight said in emailed comments. Current Vodafone UK CEO Ahmed Essam will lead the new enterprise, while the present Three UK Chief Financial Officer (CFO) Darren Purkis will assume the CFO position at the merged business. BT acquired EE in 2016, while Telefonica and Liberty Global launched Virgin Media O2 in 2021.

Persons: CK Hutchison, Kester Mann, Ahmed Essam, Darren Purkis, Nick Read, Margherita Della Valle Organizations: Vodafone, CK, CK Hutchison, Insight, BT, Virgin Media O2, EE, O2, Telefonica, Liberty Global, Markets Authority, CMA, Activision Blizzard

[1/2] Vodafone Group CEO Margherita Della Valle poses in this undated handout picture obtained by Reuters on May 16, 2023. "For Vodafone this transaction is a game changer in our home market," Della Valle, a 29-year company veteran, told reporters. That is likely to take time, but Kester Mann, a director at CCS Insight, said the British announcement would give Della Valle a boost. "She has shown clear intent to make changes at Vodafone as she bids to turn the embattled company's performance around," he said. "Securing approval for a tie-up with (Hutchison's) Three would be a major boost to her early tenure."

Persons: Margherita Della Valle, Della Valle, CK Hutchison, Nick Read, Kester Mann, Kate Holton, Sinead Cruise, Emelia Sithole Organizations: Vodafone, Reuters, Handout, REUTERS, HK, CCS Insight, Thomson Locations: Britain, Hong Kong, Germany, Spain, Italy, British

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