Network Deal Inked By Eircom And Three
Three and eircom have signed a new network sharing agreement, fulfilling one of the commitments Three entered into as part of receiving EU Commission approval for its acquisition of O2 in Ireland earlier this year.
The partnership builds on an existing network sharing agreement which has been in place between O2 and eircom since 2011, operating as Mosaic.
The new agreement will run to 2030 and commits funding to create a shared network of over 2000 sites within the next three years.
Three and eircom will share site equipment, power supply, towers and transmission throughout the country. Existing sites of both operators will be consolidated and new sites will be jointly built.
The partnership will further facilitate the introduction of new technologies to roll out 4G/LTE services and provide data coverage to every part of the country.
According to Richard Moat, CFO of eircom: “The duration of the agreement provides certainty for both parties and the benefits of network sharing will become more evident in the coming three years.”
However, there will be no transfer of assets and spectrum will not be shared under the new arrangement.
All mobile operations supported by Three and eircom will continue to compete with each other. (August 2014)