U.K. Told Mobile Operator Price Hikes May Be Uncompetitive
- Fideres report highlights succession of similar price rises
- Consultancy has written to telecom and competition watchdogs
Photographer: Jason Alden/Bloomberg
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U.K. regulators have been urged to investigate Britain’s phone operators after the largest companies announced similar rises in mobile contracts in the space of several months.
The four network operators that account for 87% of U.K. mobile customers -- Vodafone Group Plc, BT Group Plc’s EE, CK Hutchison Holdings Ltd.’s Three UK and Telefonica SA’s O2 -- announced comparable price increases for customers with recent contracts, according to a report by Fideres Partners LLP, a consultancy that investigates corporate wrongdoing. O2’s will go into effect next year while the other three have increased rates since last September.