{"id":24229,"date":"2020-10-05T08:20:54","date_gmt":"2020-10-05T07:20:54","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=24229"},"modified":"2020-10-05T08:21:37","modified_gmt":"2020-10-05T07:21:37","slug":"mobile-operator-three-uk-allegedly-ponders-sale-of-5g-masts","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2020\/10\/mobile-operator-three-uk-allegedly-ponders-sale-of-5g-masts.html","title":{"rendered":"Mobile Operator Three UK Allegedly Ponders Sale of 5G Masts"},"content":{"rendered":"<p>Mobile operator <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/threeuk\" rel=\"nofollow\" target=\"_blank\">Three UK<\/a> is reportedly considering whether or not to sell some of its key assets, such as their mobile masts, in order to cash-in on rising valuations for the latest generation of gigabit-capable <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/5g\">5G<\/a> (mobile broadband) and existing <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/4g\">4G<\/a> network infrastructure. A merger might also be on the cards.<!--more--><\/p>\n<p>According to <a href=\"https:\/\/www.telegraph.co.uk\/business\/2020\/10\/03\/three-seizes-5g-boom-mobile-masts-sale-renews-merger-talk\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Telegraph<\/a>&#8216;s (paywall) industry sources, such a move could raise billions for the operator and might even pave the way for a possible merger. However, the only operator left that <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/threeuk\" rel=\"nofollow\" target=\"_blank\">Three UK<\/a> could realistically merge with is <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/vodafoneuk\" rel=\"nofollow\" target=\"_blank\">Vodafone<\/a> (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/eebroadband\" rel=\"nofollow\" target=\"_blank\">EE<\/a> is already part of <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/britishtelecom\" rel=\"nofollow\" target=\"_blank\">BT<\/a>, while <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/o2uk\" rel=\"nofollow\" target=\"_blank\">O2<\/a> is about to become part of <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/vm\" rel=\"nofollow\" target=\"_blank\">Virgin Media<\/a>), which would also raise some challenges (see below) and it&#8217;s not clear if there would be enough benefit for both sides.<\/p>\n<p>In order to conduct a merger <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/threeuk\" rel=\"nofollow\" target=\"_blank\">Three UK<\/a> would first have to exit their existing network sharing arrangement with <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/eebroadband\" rel=\"nofollow\" target=\"_blank\">EE<\/a> under <a class=\"noshortlink\" href=\"https:\/\/mbnl.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mobile Broadband Network Limited<\/a> (MBNL), which wouldn&#8217;t necessarily be a smooth process. Likewise, <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/o2uk\" rel=\"nofollow\" target=\"_blank\">O2<\/a> and <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/vodafoneuk\" rel=\"nofollow\" target=\"_blank\">Vodafone<\/a> also have a network sharing arrangement via <a href=\"https:\/\/www.cornerstone.network\/\" target=\"_blank\" rel=\"noopener noreferrer\">Cornerstone<\/a> (formerly CTIL). Balancing all of this sounds like a complex undertaking, but it might in turn enable <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/britishtelecom\" rel=\"nofollow\" target=\"_blank\">BT<\/a> (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/eebroadband\" rel=\"nofollow\" target=\"_blank\">EE<\/a>) to sell more of its masts.<\/p>\n<p>At this point some of our readers may recall that Three UK&#8217;s proposed merger with <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/o2uk\" rel=\"nofollow\" target=\"_blank\">O2<\/a> in 2016 was blocked by competition concerns from the EU and <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/ofcom\" target=\"_blank\">Ofcom<\/a>, most of which centred around the regulatory desire not to see the number of mobile operators reduced from three to four (one fear was that this could result in higher prices for consumers, due to less competition). However, that ruling was recently overturned by the EU (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2020\/05\/eu-court-overturns-2016-block-of-o2-and-three-uk-merger.html\">here<\/a>), but it&#8217;s unclear what <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/ofcom\" target=\"_blank\">Ofcom<\/a>&#8217;s position may be once the UK fully exits the EU at the end of this year.<\/p>\n<p>Meanwhile a number of potential suitors have reportedly indicated an interest in Three&#8217;s mast and rooftop infrastructure, such as <strong>Cellnex<\/strong>. The latter only recently completed a deal to gobble \u00a32bn worth of Arqiva&#8217;s UK masts and rooftop sites (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2020\/04\/cma-shuns-competition-fears-to-clear-2bn-cellnex-buy-of-arqiva.html\">here<\/a>). Three UK declined to comment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mobile operator Three UK is reportedly considering whether or not to sell some of its key assets, such as their mobile masts, in order to cash-in on rising valuations for the latest generation of gigabit-capable 5G (mobile broadband) and existing 4G network infrastructure. A merger might also be on the cards.<\/p>\n","protected":false},"author":1,"featured_media":23151,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[61,406,472,63],"class_list":["post-24229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-4g","tag-5g","tag-business","tag-three-uk"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mobile Operator Three UK Allegedly Ponders Sale of 5G Masts - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Mobile operator Three UK is reportedly considering whether or not to sell some of its key assets, such as their mobile masts, in order to cash-in on\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2020\/10\/mobile-operator-three-uk-allegedly-ponders-sale-of-5g-masts.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mobile Operator Three UK Allegedly Ponders Sale of 5G Masts - 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