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> Telefonica wins £1.5 billion British smart me...
Telefonica wins £1.5 billion British smart meter contract
26 Sep 2013
Telefonica has won the world’s largest machine-to-machine contract, which will see it provide smart meter communication services across Great Britain.
The double deal is worth £1.5 billion and will last 15 years, and will see Telefonica provide the communications infrastructure to connect smart meters in the central and southern regions, as part of the Smart Meter Implementation Programme of Great Britain.
The selection of Telefonica was based on their existing cellular network, with additional ‘mesh’ technology used to provide connections in hard to reach areas.
Telefonica claims it has successfully tested both technologies in relation to smart meters and currently connects over 400,000 smart meters in Great Britain. Mass roll out of smart meters will commence during 2015, with 53 million gas and electricity meters expected to be operational by January 2021.
Communications company Arqiva, has signed a similar deal for Scotland and northern England worth £625 million. Arqiva will invest in a new smart communications network and associated equipment.
Click here to view our current Smart Metering vacancies in the UK