Vodafone and O2 have both agreed to share their radio masts and equipment that will speed up the rollout of the superfast 5G internet.
The move will most likely see both mobile phone giants take the lead over BT owned EE. The move could see costs being lower as the deal “lowers rollout costs, allowing more investment in services for customers.”
The phone giants are to share around 2,700 sites across 23 cities which represents nearly 16% of combined mast sites.
Nick Jeffery, chief executive of Vodafone UK said, “Greater autonomy in major cities will allow us to accelerate deployment and, together with active network sharing, ensures that our customers will get superfast 5G in even more places more quickly, using fewer masts.”
Mark Evans, chief executive of Telefonica UK said, “Today is an important step in demonstrating our commitment to invest for the future, with mobile connectivity one of the UK’s most powerful opportunities to strengthen the economy and improve the lives of British people.”