PRAGUE Aug 6 Telefonica Czech Republic
is close to a cost-cutting deal to share
infrastructure with rival Vodafone, newspaper Mlada
Fronta Dnes reported on Tuesday, citing sources close to both
The deal should save the unit of Spain's Telefonica
up to 152 million euros ($201 million) over the next 15 years,
the newspaper said.
Vodafone, No. 3 on the Czech market, would pay Telefonica CR
40 million euros under the arrangement, according to company
documents cited by the newspaper.
Telefonica CR spokesman Hany Farghali said the firm had been
exploring "a multitude of options" with regard to sharing.
"However, at this moment, we do not have any binding network
sharing agreement with any party apart from ...(T-Mobile)."
Telefonica CR has shared part of its Czech 3G network with
Germany's T-Mobile since 2011. The reported deal with
Vodafone would be much larger in scale.
Network sharing deals allow firms to share transmitters and
receivers and also power supplies and other technical equipment.
Vodafone's spokeswoman had no immediate comment.