Telefonica O2 CR, Vodafone close to brokering infrastructure deal, report says

7 Aug 2013

Czech operators Telefonica O2 CR and Vodafone CR are said to be close to signing a ground-breaking infrastructure sharing deal that will save the pair millions of euros over the next ten to 15 years in network rollout costs. A report in Czech newspaper Mlada Fronta Dnes, which cites sources close to both companies, says the deal is expected to save Telefonica’s unit up to EUR153 million (USD201 million) over the period, with Vodafone CR set to pay the Spanish owned group up to EUR40 million under the arrangement. A spokesman for Telefonica O2 CR, Hany Farghali, did confirm that the company has been considering ‘a multitude of options’ concerning infrastructure sharing, but added that to deals have as yet been finalised. Vodafone CR meanwhile, declined to comment.