Virgin Media O2 strengthens its focus on digital innovation by selling an 8.33% stake in Cornerstone to Equitix. As the UK’s largest tower operator, this move highlights Virgin Media O2’s strategy to optimize its infrastructure investments while prioritizing future advancements in 4G and 5G development.
Cornerstone, a leading passive infrastructure provider managing Virgin Media O2 (VMO2) and Vodafone’s shared mobile network, is set to introduce a cutting-edge neutral host network utilizing smart street light technology in urban environments.The partnership between Cornerstone and Signify, a Netherlands-based company spun off from Philips in 2016, will leverage Signify’s BrightSites Broadband Luminaire products. These innovative LED streetlamps act as network extenders, supporting a mesh network using 60 GHz millimetre-wave (mmWave) spectrum to facilitate 5G connectivity.
