logo
Plus   Neg
Share
Email

Telefonica Deutschland, Deutsche Telekom, Vodafone Cooperate To Expand Network

Telefonica Deutschland Holding AG (TELDF.OB,TFTHF.OB) said Monday that the company, Deutsche Telekom AG (DTEGY.PK), and and Vodafone Group plc (VOD.L,VOD) have agreed to cooperate in expanding their networks throughout Germany.

The expansion will ensure the best possible mobile broadband coverage for German customers, especially in rural areas and along roads, railways and rivers, Telefonica Deutschland noted.

According to Telefonica Deustchland, the coverage requirements were imposed on the network operators by the Federal Network Agency, or BNetzA, as part of the 2019 frequency auction, and require investments in the billions from the telco operators.

After investing about 6.5 billion euros altogether in the 2019 frequency auction, the cooperation between the three companies serves to largely close white spots in sparsely populated regions and along traffic routes in an economically viable way.

The three telecommunications providers plan to build up to 6,000 new mobile sites in a coordinated manner.

Telefonica Deutschland said it has now signed a respective letter of intent. 1&1 Drillisch is invited to join the cooperation provided the willingness to contribute equally in the rollout plans.

The joint construction of additional radio masts and towers as well as their technical connectivity and use significantly enables to save time and costs compared to an individual rollout. The companies involved will set up an equal number of new sites that all partners may use under the same conditions to set up their own antennas and network technology.

Further details of the cooperation are to be contractually agreed by the companies by spring 2020 at the latest. The joint network rollout planning could start soon thereafter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
South Korea's Hyundai Motor Co. announced its decision to suspend production at its Asan plant for two days starting on Monday due to a chip shortage amid the pandemic crisis, Reuters reported. The company is experiencing trouble in supply conditions for semiconductor parts for powertrain control units. The Asan factory manufactures 300,000 vehicles, including the Sonata and Grandeur sedans, each The U.S. Department of Health and Human Services is set to expand its Health Center COVID-19 Vaccine Program to include all HRSA-funded health centers. This will increase the total number of health centers that have been invited to join the program to 1,470 nationwide from the earlier 950. McDonald's Corp. is planning to hire 25,000 workers in its restaurants across Texas in April, reports said. In a three-day event from April 13 to 15, the fast-food chain is expected to hire for crew and management positions. During these hiring days, participating McDonald's restaurants in the state will be accepting applications and interviewing job seekers.
RELATED NEWS
Follow RTT