Companies to share mobile infrastructure in Germany, Spain, Ireland and the UK.
Telefonica and Vodafone have confirmed they will share network infrastructure in Germany, Spain, Ireland and the UK, with detailed discussions ongoing in the Czech Republic.
The companies say the agreement will deliver cost efficiencies of hundreds of millions of pounds for each company over ten years.
In addition, they say the scheme will support the delivery of mobile broadband to a greater number of customers across a wider coverage area.
This is something that both the EU and the UK government have called for in recent months.
The news is part of a wider shake-up of how mobile operators are managing their networks - last week Orange outsourced its UK infrastructure to Nokia Siemens Networks.
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Matthew Key, CEO of Telefónica Europe, said: “We are actively exploring additional areas for cooperation and, by reducing our costs in areas of the business that customers don’t see, we can ensure that we invest in areas they truly value."
