Friday, August 29 10:47:48
Three and eircom have signed a new network sharing agreement, fulfilling one of the commitments Three Ireland made as part of receiving EU Commission approval for its acquisition of O2 in Ireland earlier this year.
This partnership strengthens the 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.
"We are delighted to have reached this agreement which will bring an even higher quality service and cost savings, both of which will be good for our customers," said David Hennessy, CTO of Three.
"The agreement builds on the strong network sharing arrangements already in place that have delivered new and innovative services to the Irish market. 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," said Richard Moat, CFO of eircom.
While Three and eircom will work closely together, there is 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, ensuring that customer choice in the market is maintained.