Telefonica creates Telxius, telecommunications infrastructure company
The incorporation of the new company is part of the optimisation strategy for the Telefonica Group asset portfolio.
Telxius will enable the management of the Telefonica Group’s infrastructure on a global scale with a more specialised and focused approach.
The infrastructure assets which will initially be brought together in Telxius will include approximately 15,000 Telefonica telecommunication towers in Spain and other countries, as well as the Telefonica Group's international network of 31,000km of submarine fibre optic cable, including SAM-1, a submarine cable that connects the United States with Central and South America.
Telefonica currently manages a high capacity fibre optic cable network which connects more than 40 countries in Europe and the Americas, including the United States.
This is an international Tier-1 network which carries more than 4,5Tbps of traffic throughout the year and provides telecommunications services both to Telefonica Group and other fixed and mobile operators, internet service providers (ISPs) and content providers.
Over the coming months, a number of newly created companies, including the aforementioned assets, will be gradually integrated into Telxius. ■