BREAKING NEWS

BREAKING NEWS

O2 and Vodafone extend UK network sharing deal to include 5G

O2 and Vodafone extend UK network sharing deal to include 5G
@ Copyright :
Thilo Schmuelgen(Reuters)
Text size Aa Aa

LONDON (Reuters) - Telefonica's <TEF.MC> O2 and Vodafone <VOD.L> 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 <BT.L> - said they would also upgrade their transmission networks with higher capacity fibre 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)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.