Telefónica is “ready” to reach a possible agreement with Vodafone On fibers published by the first in Spain if the second agreed to Phase out your cable networkAs confirmed this Thursday by the CEO of the Spanish operator, Angel Villa.
In an interview with bloombergVilla has confirmed that Telefónica is “Open and ready” to explore potential alliances with Vodafone“especially in the case of fiber in Spain, if they want to phase out the cable network.”
Vodafone Spain has approx 10 million access to old cable network Ono, a technology that over time has lost its competitive edge with regard to fibers. For this reason, it also has an extensive wholesale agreement with Telefónica for access to fiber optic infrastructure.
CTIL
Internationally, both companies are part of a joint UK tower company, called CTILTelefónica is a wholesale customer for Vodafone’s cable network in Germany.
Currently, the British Telecom Company has entered a new stage after set Margherita della Valle and Marie Vaz as Group CEOs and in Spain, respectively.
According to the aforementioned prospectus, shareholders are pressuring the British operator to streamline its operations, and in recent weeks, The Spanish division would have been of interest to potential buyers, such as investment fund Apollo Global Management.
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