Movistar and Tigo Sign MoU to Explore Mobile Network Sharing in Colombia

Movistar and Tigo, two mobile network operators in Colombia, have announced signing a Memorandum of Understanding (MoU) to explore the possibility of sharing their mobile access networks under a new jointly owned infrastructure company.

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Network Sharing Agreement Benefits Mobile Users

According to the statement, the potential agreement holds promise for over 35 million Movistar and Tigo mobile users. By sharing their networks, the companies aim to operate more efficiently, optimize spectrum usage, and generate additional resources for expanding coverage and improving service quality. Furthermore, this collaboration would ensure compliance with all regulatory obligations related to network access, usage, and exploitation.

Also Read: Telefonica Movistar Surpasses One Million FTTH Subscriptions in Colombia

Advancing Government’s Connectivity Goals

The primary beneficiaries of this agreement are the people of Colombia. Aligned with the goals set by the Colombian Government to achieve internet coverage for 85 percent of the population, this partnership will significantly boost connectivity, access to information, and digital services. These elements are crucial for improving education, healthcare, financial inclusion, and entrepreneurship for the country’s 50 million citizens.

Strengthening National Coverage and Service Quality

If the network-sharing agreement is realized, it would strengthen national coverage in approximately 10 percent of the territory, benefiting over 700 municipalities across Colombia. According to estimates by the companies, the consolidated network would optimize the quality of mobile services in these areas. Furthermore, the new infrastructure company resulting from this collaboration would serve as a platform for the deployment of advanced mobile technologies, such as 5G.

Also Read: Millicom (Tigo) To Build New Fiber Network at Bioceanic Corridor

Maintaining Competition while Sharing Networks

Both Movistar and Tigo affirm that they will continue to compete in providing retail and wholesale telecommunications services. The companies will maintain their independence and autonomy in terms of business strategies and commercial activities while leveraging the benefits of network sharing.