The Spanish telco Telefónica has created Telxius, a new global company which brings together its fibre optic and aerials network aimed at providing services to other operators.
The move forms part of a new Telefónica ‘s strategy to manage its asset portfolio and open new business opportunities in the industry. Telxius will manage around 15,000 Telefónica telco towers in Spain and other countries, as well as the Telefónica Group´s international network of 31,000km of submarine fibre optic cable, including SAM-1, a submarine cable that connects the US with Central and South America.
Telefónica currently manages a high capacity fibre optic cable network which connects more than 40 countries in Europe and the Americas, including the US. This is an international Tier-1 network which carries more than 4,5Tbps of traffic throughout the year and provides telecommunications services both to Telefónica Group and other fixed and mobile operators, ISPs and content providers.
Over the coming months, a number of newly created companies will be gradually integrated into Telxius.