Telefónica sells its Spanish tower fiber to American Tower for 120 million

With this operation, closed in the second quarter of this year, the American giant will have fiber that connects more than 11,500 Telefónica-owned locations in Spainas Europa Press progresses and has been able to confirm Zonamovilidad.es.

This is about Telefónica’s second large-scale operation with American Tower as a buyer after the tower acquired Telefónica towers in Europe and Latin America for 7,700 million euros early last year.

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Next, it’s about first large-scale fiber optic to tower/antenna (FTTA) operation in Spaina technology that is essential for proper 5G implementation as towers require high-quality optical fiber for 5G to be efficient and real.

For this reason, telecommunications are now setting their sights on This technology replaces the old coaxial cablewhich allows larger amounts of data to be transported, a major issue for 5G.

In this way, Telefónica continues to divest in this infrastructure to focus its business on the deployment and management of new technology infrastructure such as 5G and fiber optic (FTTH) as well as on services.

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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