4/30/2010 5:10:00 PM
O2 and Vodafone network share ahead of target
Cornerstone, the company managing the O2 and Vodafone network share, is ‘over delivering’, with 300 more shared sites live since October 2009.
In October last year, Mobile revealed that Cornerstone was fully operational with over 100 sites live or under construction.
O2 and Vodafone announced a deal to share network assets across Europe in March 2009, which is expected to save ‘hundreds of millions of pounds’ over the next 10 years.
Meanwhile, Cornerstone put a tender out for the maintenance of the two networks’ sites, in January 2010. The new contracts will be announced at the end of this quarter.
O2 and Vodafone said: ‘Cornerstone is currently over delivering compared with the original business case for network infrastructure sharing and the partnership between O2 and Vodafone. Cornerstone now has over 400 shared sites with hundreds more in progress.
‘We have completed the process of aligning the deployment contracts for two operators to ensure we create the most effective single process. The RFP, which is the next stage of the process, was issued to potential suppliers in February, with the potential award of new contracts scheduled for the second quarter of 2010.
‘We are on target to meet these timescales and we shall be making an announcement regarding this in due course.’