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O2, Vodafone Reported to be in Network Sharing Talks

UK operators, O2 and Vodafone are reported to be in advanced talks regarding sharing their network infrastructure. Citing people close to the talks, the Financial Times that a deal "could provide them with significant savings in capital and operating spending". Vodafone's CEO, Vittorio Collao is currently seeking annual cost savings of £1bn by 2010-11 to bring the UK divisions' operating margins up to the average compared to its other country networks.  more

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