StockMarketWire.com - Vodafone said it had agreed to strengthen its network sharing programme with Telefonica including by offering 5G at joint radio network sites.

The joint sites would enable Vodafone and Telefonica's O2 unit to deploy faster 5G to more customers at a lower cost.

The pair would also look to extend greater network autonomy in a number of larger cities,by deploying their own separate radio equipment on approximately 2,500 sites, or around 15% of sites outside London.

In addition, the would upgrade their transmission networks with higher capacity optical fibre cables.

'Vodafone and O2 are also exploring options around their future transmission operating model which could drive synergies in the investment and operation of their end-to-end networks,' Vodafone said.

The overhaul would involve devolving additional activities to CTIL, an equal joint venture company that owns and manages the parties' passive tower infrastructure.

'We believe that these plans will generate significant benefits for our business and our customers as we move into the digital era of connected devices, appliances and systems on a mass scale,' Vodafone chief executive Nick Jeffery said.

'Customers will benefit from the best 5G experience available and we will deliver even faster speeds by using our spectrum holding more effectively.' Story provided by StockMarketWire.com