Telefónica Creates Telxius to Operate its Infrastructure Assets

Telefónica announced on 10^th February the creation of Telxius, a new global company which brings together certain infrastructure assets of the Group. The infrastructure assets which will initially be brought together in Telxius will include approximately 15,000 Telefónica telecommunication towers in Spain and other countries, as well as the Telefónica Group´s international submarine cable systems.

The incorporation of the new company is part of the optimization strategy for the Telefónica Group asset portfolio.

Telxius will enable the management of the Telefónica Group’s infrastructure on a global scale with a more specialised and focused approach, with the aim of increasing the services provided to other operators, improving the return on capital invested and allowing Telxius to participate more actively in the growth opportunities that exist in the industry, including the possibility of incorporating third party assets.

The infrastructure assets which will initially be brought together in Telxius will include approximately 15,000 Telefónica telecommunication 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 United States with Central and South America, and BRUSA, a new submarine cable nearly 11,000 km in length linking Rio de Janeiro and Fortaleza (Brazil) with San Juan (Puerto Rico) and Virginia Beach (USA)

Telefónica 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 Telefónica 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.