Telefónica & DIGI Sign Mobile Network Agreement for 16 Years
Telefónica and DIGI have signed a mobile network agreement, which will last for 16 years, considerably extending their relationship.
This value-creating agreement will elevate Telefónica’s National Roaming and RAN Sharing services.
In a new chapter between Telefónica and DIGI, this long-term agreement will strengthen the ties between the two telecommunications leaders, by optimising the return on their network investments.
Telefónica is expanding its global telecommunications leadership
Telefónica is a Spanish multinational telecommunications company headquartered in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world, providing fixed and mobile telephony, broadband and subscription television.
With a strong presence in roughly 20 countries across Europe and America, the company provides cloud services, security services, advertising, Internet of Things (IoT) solutions, financial and other payment services. It markets its services under Telefonica, Aura, Movistar, Vivo and O2 brand names. In 2023, STC Group became Telefónica's largest shareholder, with a stake worth €2.1bn (US$2.23bn).
As a result, we featured the company in our Top 10 Leading Telco Operators in Europe.
The agreement will kick off on 1st January 2025, transforming the present mobile access contract and reenforcing the trusting relationship between the two companies, which will expand Telefónica’s provision of National Roaming and RAN Sharing services.
Under this new agreement, Telefónica will advance its sustainability credentials by allowing a long-term revenue stream, in line with the existing one.
In addition, the fixed broadband wholesale agreement has been extended.
Under this agreement, DIGI benefits from efficient and cost-effective use of its new spectrum assets. In addition, through the promotion of infrastructure sharing, Telefónica will advance the effective use and deployment of its NGN mobile networks.
Telefónica continues with its e-waste upcycling initiative
This news follows the partnership between Telefónica Tech UK&I and BMI, who have teamed up to provide service to recycle, repurpose or resell 3,000 BMI units to reduce e-waste.
Over the next two years, Telefónica Tech UK&I will use the service to recycle, repurpose or resell 3,000 BMI units. This will result in significant environmental savings, including the reduction of 1mn kg of CO2 emissions, 76 million litres of associated water consumption and the conservation of 4.8mn tonnes of mined earth.
Furthermore, this effort will prevent 6,000kgs of e-waste from ending up in landfills. To put reduction into perspective, it is equivalent to the distance travelled by an average family car for approximately 6.2mn kilometres.
“The latest World Economic Forum data puts the latest estimated annual figure of e-waste at 57.4bn tonnes. So, if you have a sustainability agenda, or starting to think about one, asset upcycling can be an effective way of helping you meet your goals,” said Mark Skelton, Chief Technology Officer at Telefónica Tech UK&I. “Not only are you supporting the circular economy, but you are gaining value back from your original investment too. Our Lifecycle management approach enables our customers to manage their end-of-life assets in a secure and environmentally responsible manner.”
Make sure you check out the latest edition of Mobile Magazine and also sign up to our global conference series - Tech & AI LIVE 2024
******
Mobile Magazine is a BizClik brand
