|Bid||40.57 x 0|
|Ask||40.55 x 0|
|Day's range||39.41 - 40.95|
|52-week range||36.35 - 61.92|
|Beta (5Y monthly)||0.24|
|PE ratio (TTM)||N/A|
|Earnings date||25 Feb 2022|
|Forward dividend & yield||0.05 (0.12%)|
|Ex-dividend date||02 Nov 2021|
|1y target est||65.29|
Consumers are threatened with higher mobile phone bills if a £9bn takeover of mobile masts by the Spanish infrastructure empire Cellnex is allowed to go ahead as planned, the competition regulator has warned.
The Competition and Markets Authority (CMA) has said the deal will result in a ‘duopoly’ controlling more than 90% of the UK market.
The Competition and Markets Authority (CMA) said its investigation found that CK Hutchison should have sold its passive infrastructure assets, including towers and masts, to an alternative buyer rather than market leader Cellnex. Cellnex last year agreed to buy 24,600 telecom towers across Europe from CK Hutchison, which owns the Three mobile network in the UK, for 10 billion euros ($11.31 billion).