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=== | === Telefonica === | ||
Telefonica is one of the Gernan's four MNOs. It had a revenue of 8.224 billion euros in 2022. The network operator currently has more than 99% 4G/LTE coverage across Germany. Additionally, its 5G currently covers more than 80% of German population. It plans to achieve nationwide 5G coverage by 2025. Its 4G/LTE customers enjoy network speeds of up to 225 Mbit/s. | Telefonica is one of the Gernan's four MNOs. It had a revenue of 8.224 billion euros in 2022. The network operator currently has more than 99% 4G/LTE coverage across Germany. Additionally, its 5G currently covers more than 80% of German population. It plans to achieve nationwide 5G coverage by 2025. Its 4G/LTE customers enjoy network speeds of up to 225 Mbit/s. | ||
==== Its contract with 1&1 | ==== Its contract with 1&1 ==== | ||
Vantage Towers is Europe's largest tower company. It constructs, builds and rents out mobile towers or sites. Vantage Towers was formed in 2019 by Vodafone with the aim of using it to rent out its European mobile masts. It has operations in 10 markets in Europe and has around 82,000 sites. In the year ended March 2022, it generated a profit of €251 million before tax and had gross assets of €10.5 billion. Vantage Towers was IPOed in March 2021 at €12.1 billion euros valuation and an offer price of 24 euros. Its headquarters is in Düsseldorf, Germany. Vodafone has 81.7% stake in Vantage Towers. However, there is a joint venture deal that will see transfer of 40% of its stake to a Consortium by the first half of 2023. The deal will see Vantage Towers becomes less dependant on Vodafone, hence accelerating its growth potential. | Vantage Towers is Europe's largest tower company. It constructs, builds and rents out mobile towers or sites. Vantage Towers was formed in 2019 by Vodafone with the aim of using it to rent out its European mobile masts. It has operations in 10 markets in Europe and has around 82,000 sites. In the year ended March 2022, it generated a profit of €251 million before tax and had gross assets of €10.5 billion. Vantage Towers was IPOed in March 2021 at €12.1 billion euros valuation and an offer price of 24 euros. Its headquarters is in Düsseldorf, Germany. Vodafone has 81.7% stake in Vantage Towers. However, there is a joint venture deal that will see transfer of 40% of its stake to a Consortium by the first half of 2023. The deal will see Vantage Towers becomes less dependant on Vodafone, hence accelerating its growth potential. | ||