Telefonica and MTN in talks to collaborate to cut costs

African smartphone user image by pri .org
Telecom network operators Telefonica and MTN are in talks to collaborate in order to cut costs in international wholesale, devices and network / IT – utilizing their scale.

MTN and Telefonica may also partner focusing on areas such as technology projects in network and IT, new initiatives such as mobile money or Big Data projects, and collaborate on commercial and marketing strategies.

South African headquartered MTN Group and Spain’s Telefonica Group today announced their Strategic Partnership is supported by the Telefonica Partners Program. The global program, launched by Telefonica in 2011, includes other telecoms covering 35 markets in Europe, Latin America, Asia and Middle East.

Focus areas will be enterprise customers, including services to multinational companies in each other’s footprint, collaboration in M2M and new digital products and services targeting the B2B segment.

Herman Singh, group chief digital officer, said that the development scope includes innovation process and new product offerings in digital era.

MTN has 233 million subscribers in 22 countries in Africa, Asia and the Middle East, while Telefonica has a customer base of 329 million in 21 countries in Spain, Europe and Latin America.

Baburajan K
[email protected]