Vodafone and O2 to share network infrastructures across Europe

THE economic downturn and a surge in demand for broadband were catalysts in a decision by Vodafone and O2 to share their network infrastructures across Europe.

The move, which is the biggest multi-country deal of its kind, is expected to result in millions of euro of savings for both firms.

O2 owner Telefonica and Vodafone will share network sites and transmission masts in Ireland, Germany, Spain and Britain, and are in talks to do the same in the Czech Republic as part of the deal.