UK approves Cellnex acquisition of 6,000 cell sites from CK Hutchison

The UK Competition and Markets Authority (CMA) has OKed its part of Cellnex’s mega-passive infrastructure M&A, with one condition.
When the deal was announced back in 2020 it seemed like a done deal but the CMA had other ideas. A regulators are inclined to do, it took its sweet time looking into the implications for the UK telecoms sector. Over a year later the CMA declared the resulting market would look far too much like a duopoly for its liking.
So imagine our surprise to see a pres