
Jobs at two of Australia’s major mobile telcos are on the line after Vodafone and Hutchison 3 said they will form a joint venture through a merger.
The carriers today unveiled plans to merge their telecommunications businesses to create a company called VHA Australia.
VHA will market its products and services under the Vodafone brand but retain exclusive rights to use the 3 brand in Australia "during a transition period and thereafter", the companies said in a statement.
The VHA network will cover "at least" 95 percent of the population, they said.
About 63 percent of people will have access to 3G services immediately but additional network rollouts will take that figure up to 95 percent. No guidance on timelines was provided.
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