Vodafone Greece and Wind Hellas have a signed a network sharing agreement as both operators look to save costs in the troubled European country.

The agreement is for 2G and 3G networks only as Vodafone said it will continue to operate its 4G network on its own across Greece.

The two operators – the second and third largest operators behind market leader Cosmote – said they will form a new technology company to manage the radio access network. The agreement is due to last for 15 years.

Vodafone and Wind HELLAS explored a merger last year, but no deal materialised.

In a statement, Vodafone said customers will benefit from improved coverage and enhanced data performance and both companies will realise cost savings, although it did not specify how much.

Last year, analysts estimated that a network sharing agreement between Vodafone and O2 in the UK may enable cost savings of €1 billion over three years.

Greece forms part of Vodafone’s Southern Europe business unit, which was set up last June; in the first quarter of 2013, service revenues fell over 13 percent.

The deal is just the latest in a series of recent network sharing agreements across Europe; last month, Telefónica Deutschland and Deutsche Telekom have agreed a deal to share more closely the latter’s fixed line network in Germany.

In March, Vodafone teamed up with Orange to share investment in deploying an FTTH network in Spain.

Read more

Why network sharing is here to stay

Learning the lessons of network sharing

More News

WhatsApp unveils new app for small businesses WhatsApp unveils new app for small businesses WhatsApp has revealed details of its plans to target the enterprise market with the launch of a dedicated app. More detail
Work together to boost sponsored data, analysts urge operators Work together to boost sponsored data, analysts urge operators Operators need to work harder to promote the benefits of sponsored data, according to a new report. More detail
Vodafone talks up fixed access network slicing potential after successful trial Vodafone talks up fixed access network slicing potential after successful trial Vodafone has tested a new network slicing technology in Ireland that it claims will support new business models and potentially aid the deployment of fibre networks. More detail
Vodafone, CityFibre choose MK for FTTH debut Vodafone, CityFibre choose MK for FTTH debut Milton Keynes has been chosen as the first UK town to benefit from the fibre broadband joint venture between Vodafone and CityFibre. More detail
Iliad appoints 29-year-old to run new opco in Italy Iliad appoints 29-year-old to run new opco in Italy Iliad has sprung a surprise by appointing a novice to run its soon-to-be launched mobile subsidiary in Italy. More detail
    

@eurocomms