The new 3 Denmark company,HI3G, will take control the operator’s 1,275 masts
Following in the footsteps of some other European mobile operators like Vodafone and Deutsche Telekom, CK Hutchison’s 3 Denmark is splitting its infrastructure assets into a separate company, with plans to sell access to other players in the market.
The new company, HI3G, will take control of 3 Denmark’s 1,275 masts, as well as related assets and the engineering and maintenance employees assigned to the units, and will be operated as an independent business area.
CEO of 3 Denmark’s operations in Scandanavia Morten Christiansen commented, “We are doing this reorganization because we want to focus more on how we can best optimize and capitalize on our infrastructure. As in many other countries, an independent market for the establishment and servicing of masts is being formed in Denmark, and we believe that we can become sharper in this area by dedicating our efforts to an independent organization.”
Part of the motivation behind this trend of separating and selling off network infrastructure, particularly towers, is related to that fact that these towers were once critical components to an operator’s competitive standing. Now, however, more and more networks are sharing infrastructure to reduce costs and improve coverage, making those towers valuable assets that can be monetized.
