A PYMNTS Company

U.K.: Anticipated Vodafone and Telefónica joint venture under review

By  |  October 11, 2012

Vodafone and Telefónica, both global network operators, have intended to form a new joint venture labeled Towerco. The joint venture is currently under review by the Office of Fair Trade (OFT). According to the OFT report, Towerco will be responsible for the management of a single, optimized grid of base station sites, including liaising with landlords and decommissioning or acquiring sites.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: OFT

    Related Content: Merger Action Group v. Secretary of State for Business, Enterprise and Regulatory Reform

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.