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Telefonica Spain to shut down 287 ADSL exchanges this month

Tuesday 10 November 2020 | 10:24 CET | News
Telefonica intends to proceed with the closure of a total of 287 ADSL exchanges on 27 November as part of its migration to fibre, reports business daily Cinco Dias. The company last year revealed it was accelerating plans to shut down copper plants that are no longer in use due to the rapid expansion of its FTTH network, notifying communications regulator CNMC that it intended to close over 1,200 of its ADSL exchanges by 2024, up from the previous figure of 653 by 2020. The move will also enable Telefonica to monetise its real estate assets, said the report, adding that the company raised

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Categories: Fixed
Companies: CNMC / Telefonica
Countries: Spain
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