Vantage Towers to modernise 1,500 Telefonica cell sites

18 May 2022

Vantage Towers has revealed that it has signed an agreement with Telefonica Espana (Movistar) which encompasses 5G equipment upgrades at over 1,500 existing sites over the next three years. Vantage Towers says it will ‘modify the infrastructure to host 5G equipment where Telefonica already uses previous technologies’.

Dusseldorf-based Vantage Towers was created by Vodafone Group in 2020 and listed on the Frankfurt Stock Exchange in March 2021. Its consolidated portfolio includes 45,700 macro sites across eight European markets, including 8,600 in Spain.