Liberty Global Ltd. and its joint venture, Virgin Media O2, have announced a significant extension of their network sharing agreement with Vodafone UK, contingent upon regulatory approval of the merger between Vodafone UK and Three UK by the UK's Competition and Markets Authority $(CMA)$. This agreement will enable Virgin Media O2 to acquire spectrum from the newly formed entity, MergeCo, thereby enhancing their mobile network capabilities. The deal is part of a broader initiative involving a £11 billion investment from MergeCo and a £2 billion annual investment from Virgin Media O2, aiming to improve mobile connectivity, choice, and competition in the UK. The proposed merger and agreement are expected to bolster competition by creating a third major network operator in the UK, subject to CMA's approval, with significant benefits anticipated for customers and businesses alike.