Sky fights to stop merger of mobile phone giants Vodafone and Three Sky has threatened legal action if the competition watchdog approves a £15billion merger between Vodafone and Three next week.
Earlier this month, the CMA said it could 'allow the merger to go ahead' after Vodafone and Three's owner, Hong Kong giant CK Hutchison, agreed to a series of commitments to ease concerns that the tie-up could lead to higher bills.
The broadcaster and mobile provider has told the Competition and Markets Authority (CMA) it will be 'forced' to challenge the decision if the regulator approves the deal between the mobile giants in its current form.
The merger with Three is a big test of strategy for Vodafone boss Margherita Della Valle who is trying to reduce its debts and streamline operations.
If the deal is approved it will make the combined entity the UK's largest mobile network operator, leapfrogging Virgin Media O2 and BT's EE.