je.st
news
Telefonica spins off network assets in new company Telxius
2016-02-10 16:53:00| Telecompaper Headlines
(Telecompaper) Telefonica announced the creation of Telxius, a new company to manage its global infrastructure. Telxius will initially include around 15,000 towers in Spain and other countries, as well as Telefonica's 31,000km of fibre cable, including the SAM-1 cable linking the US and Latin America. Alberto Horcajo has been named CEO of the company, which is aimed at optimising the operator's asset portfolio and improving the return on capital. Telefonica said it may also consider incorporating third-party assets in the company. Over the coming months, a number of newly created companies, including the aforementioned assets, will be gradually integrated into Telxius.
Tags: company
network
assets
telefonica
Category:Telecommunications