FILE PHOTO: The Vodafone logo is seen at the Mobile World Congress in Barcelona, Spain, February 28, 2018. REUTERS/Sergio Perez
January 23, 2019
LONDON (Reuters) – Telefonica’s O2 and Vodafone have agreed to extend their network partnership in Britain to include 5G to accelerate the deployment of the faster mobile service at a lower cost for both operators.
The two groups – the second and third biggest players in the competitive market behind BT’s EE – said they would also upgrade their transmission networks with higher capacity fiber cables.
They have agreed non-binding heads of terms about the agreement which remain subject to regulatory approval. They expect to conclude the steps during 2019.
(Reporting by Kate Holton, Editing by Paul Sandle)
