Euskaltel reaches an agreement with Telxius to use its 11,000 telecommunication towers
Bilbao, 27 September 2016. The Euskaltel Group and Telxius have reached an agreement which will allow the telecommunications group leading the market in the north of Spain, to use the almost 11,000 telecommunication sites owned by Telxius in Spain. As a first result of the agreement, Euskaltel has already made a commitment to use a minimum of 100 towers of Telxius.
With this agreement, Euskaltel will substantially increase the potential sites with which they will be able to expand the scope of their own 4G mobile network, allowing them to use these facilities for mobile telephony, wireless access solutions in rural areas and specific access solutions for businesses.
The Chief Executive Officer of Euskaltel, Francisco Arteche, said that, "For the Euskaltel Group, reaching an agreement with a company with the potential of Telxius is a major step in our strategy to focus on the development of our own network and to have technological alliances with leading international companies in the sector. This agreement goes beyond an agreement for sites, it has produced an alliance of willingness to collaborate together that strengthens us in our strategy of value creation for our society, our clients and our shareholders."
For his part, the Chief Executive Officer of Telxius, Alberto Horcajo, said that, "In Telxius we are really happy to have reached an agreement with Euskaltel, who is, without a doubt, a reference in the telecommunications sector in the north of Spain. The agreement is a very important step in the consolidation, development and optimization of our service capabilities in the tower business, and also, we hope to find new opportunities that will enable us to further strengthen our leadership as an infrastructure company."
Euskaltel - Communication