Movistar and Tigo today announced the signing of a memorandum of understanding (MOU) to explore the possibility of sharing their mobile access network, under the new infrastructure company, which will be jointly owned.

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“This announcement follows international best practice and aligns with similar agreements that the Telefónica Group has entered into in the UK, Germany, Peru and Mexico with other operators, with the aim of generating operational efficiencies and accelerating technological evolution. network,” he said. Fabián Hernández, president of Telefónica Movistar.

When completed, this agreement will benefit the more than 35 million mobile users between the two companies and make it possible more efficient your operations, generate more resources to expand coverage and optimize service quality.

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Likewise, it will enable them to comply with all their regulatory obligations regarding access, use and exploitation of such infrastructure.

“We are trying to mark a milestone for this sector in Colombia and Latin America. In Colombia, the survival of the telecommunications sector is at stake,” he said. Marcelo Cataldo, president of Tigo.

According to the company, if the operator manages to unify its network, national coverage will be strengthened in around 10 percent of the area.

According to his estimates, the consolidated network will optimize the quality of mobile services in more than 700 municipalities in Colombia.

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Additionally, they say that this new infrastructure company will be a deployment vehicle new mobile technologies like 5G.

according to membrace understandingthe two companies will continue to be competitors in the provision of retail and wholesale telecommunication services and will maintain their business, independence and strategic and commercial autonomy.

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