Three, eircom reach network sharing agreement
Three and eircom have signed an agreement that will see the creation of a shared telecommunications to aid the rollout of 4G/LTE. The deal sees Three fulfill one of the commitments it entered into as part of receiving EU Commission approval for its acquisition of O2 in Ireland.
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 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.
There will no transfer of assets and spectrum will not be shared under the new arrangement, which will run until 2030. All mobile operations supported by Three and eircom will continue to compete with each other.