Telefonica Acquires Rural Backhaul Infrastructure Operator LineoX
2026-06-02 09:29
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en.Wedoany.com Reported - Telefonica has announced the acquisition of LineoX, a rural backhaul infrastructure operator in Spain, from investment firm Asterion Industrial Partners. The move aims to further strengthen control over key network assets in response to the growing nationwide demand for high-quality mobile and broadband connectivity.

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LineoX operates one of Spain's largest rural microwave radio link networks. Its backhaul infrastructure transmits voice and data traffic between mobile operators' core networks and cell sites, particularly serving rural and underserved areas where fiber deployment is difficult and costly.

This acquisition marks the return of the infrastructure assets to Telefonica. In 2020, Asterion acquired Telefonica's microwave radio link portfolio through a carve-out transaction and subsequently developed it into the independent infrastructure company LineoX. Over the past five years, LineoX has expanded its capabilities and, together with Axión, formed a broader wholesale telecom infrastructure group covering microwave links, telecom towers, broadcast infrastructure, and fiber transport networks. Telefonica stated that integrating LineoX will help improve the company's management of critical network capabilities while enhancing infrastructure resilience and operational efficiency. The company believes that directly holding this platform will support future investments in network modernization, rural coverage expansion, and next-generation connectivity services.

Borja Ochoa, CEO of Telefonica Spain, said the acquisition aligns with the company's long-term infrastructure strategy and will enhance its ability to deliver reliable, high-quality services to customers across Spain. Since the 2020 transaction, LineoX has maintained a close commercial relationship with Telefonica, which remains one of its largest customers. This long-term partnership helps ensure network continuity and service reliability, while LineoX has operated independently under Asterion.

The transaction also reflects a successful collaboration between Telefonica and Asterion. Since acquiring the relevant assets in 2020, Asterion has built LineoX into a specialized platform focused on rural connectivity, establishing a solid operational footprint in the Spanish telecom market. As operators accelerate 5G deployment and work to enhance digital coverage in rural communities, ownership of strategic backhaul infrastructure is becoming increasingly critical. Telefonica's acquisition of LineoX is expected to strengthen its rural network capabilities, improve service resilience, and continue driving the evolution of Spain's telecom infrastructure.

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