Vodafone and Three said they will need to study the working paper in detail, but said they believe it "provides a path to final clearance of their merger." "An appropriate balance appears to have been struck by ensuring that the significant benefits of the merged company's investments can be realised in full and at pace to the benefit of the country and its citizens, while addressing the CMA's stated concerns. However, it is essential that balance is preserved through to the end of the process, reflecting that the parties have offered extensive remedies, including by making their future network roll-out fully enforceable," the two operators said. O2 Telefonica adds B2B and AI to Mallik Rao's remit Mallik Rao already holds the title of Chief Technology & Information Officer at Telefonica Deutschland (O2 Telefonica), and is now taking on additional duties including the German telco's B2B division and data platform and AI activities.