Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Twice daily
MoneyWeek
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Four times a week
Look After My Bills
Sign up to our free money-saving newsletter, filled with the latest news and expert advice to help you find the best tips and deals for managing your bills. Start saving today!
Telecoms giant Vodafone has announced that it is teaming up with mobile phone network group Three to share their physical network and site infrastructure in Ireland.
Both Vodafone Ireland and Three Ireland will continue to run the network separately, but a JV - 50% owned by each firm - has been set up to manage, operate and maintain the network. The companies will also have the ability to purchase network infrastructure equipment together to reduce costs, increase the number of sites connected to a fibre backhaul network and the opportunity to expand mobile network coverage for customers.
Jeroen Hoencamp, the Chief Executive Officer of Vodafone Ireland, said: "Securing future investment for technologies in a competitive market is critical to maintaining a sustainable business. We believe this partnership will place both companies in a stronger position to commit to future investment in our network, and the products and services we provide to customers.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"This agreement, in which infrastructure is shared between both parties, means we can concentrate investment on the intelligent part of the network that will ultimately deliver a better experience for Vodafone customers."
Vodafone also announced on June 7th that it would create a 50/50 JV with Spanish peer Telefoncia to create one national grid in the UK by pooling together parts of their network infrastructure, including towers and masts.
BC
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Average UK house price reaches £300,000 for first time, Halifax saysWhile the average house price has topped £300k, regional disparities still remain, Halifax finds.
-
Barings Emerging Europe trust bounces back from Russia woesBarings Emerging Europe trust has added the Middle East and Africa to its mandate, delivering a strong recovery, says Max King
