Margherita Della Valle, Vodafone Group Chief Executive, said: "We are eager to kick-off our network build and rapidly bring customers greater coverage and superior network quality." Canning Fok, Executive Chairman of CKHGT, said: "As we have demonstrated in other European markets, scale enables the significant investment needed to deliver the world-beating mobile networks our customers expect, and the Vodafone and Three merger provides that scale." A New Powerhouse in UK Telecoms VodafoneThree is positioning itself as a formidable third player to challenge the longstanding duopoly of BT/EE and Virgin Media O2. The merger creates a company of sufficient scale to make £11 billion in network investments over the next decade, including £1.3 billion in capex in the first year. This commitment is particularly aimed at delivering a 5G standalone network covering 99 percent of the UK population and accelerating digital transformation across industries.