A pan-European network sharing deal could be in the offing between some of Europe's biggest telcos.
According to reports on Wednesday, operators including om Deutsche Telekom, France Telecom, TelecItalia and Spain's Telefonica – which owns the O2 network in the UK – have had meetings with the European competition commissioner JoaquĆn Almunia on the subject of pooling network infrastructure.
Since the meeting, the companies have explored the possibility of creating a new company to take on responsibility for the combined infrastructure and related debt. The company could then wholesale network access back to the operators, the Financial Times reported.
The move is viewed as one way to allow the companies to better compete with international rivals and make more headway in "Europe's disjointed market", the paper reports.
Read more: Europe's biggest operators get together for pan-EU network sharing plan | ZDNet
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