|
|
Vodafone and Three Looking to Merge Irish Network Infrastructure
Published on:
Vodafone is reported to be in talks with Hutchison Whampoa about sharing the network infrastructure belonging to their Irish subsidiaries.
The two companies are reported by the Financial Times to have agreed the terms of a joint-venture which will take over the ownership of their respective tower assets, although the contract has not been signed yet.
As with infrastructure joint-ventures elsewhere, the networks will retain their own radio spectrum assets and compete in the retail market.
Citing a person with knowledge of the talks, the FT said that the networks are expecting cost savings over five years of £200 million (US$314 million) each.
Both companies declined to comment.
On the web: Financial Times
Tags: [vodafone] [hutchison 3g ireland] [Ireland]
| |
|
| |
|
| |
|
| |