Orange and T-Mobile are to merge their British operations to create the UK’s largest mobile carrier, their parent companies said on Tuesday.

The as-yet-unnamed joint venture will have a combined customer base of about 28.4 million people, or 37 percent of the market, with the deal expected to complete in November. Orange chief executive Tom Alexander will be chief executive of the new company, with T-Mobile UK chief executive Richard Moat as chief operating officer.

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