U.K. Prefers Telefonica for Biggest Smart Meter Deal
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Spain’s Telefonica SA is the preferred bidder for two smart metering communications contracts worth 1.5 billion pounds ($2.33 billion), the U.K. government said, granting the industry’s biggest deal yet.
Telefonica’s unit in Britain is favored to build networks that transmit information about usage from power and gas meters in Wales and southern and central England to data storage sites, the Department of Energy and Climate Change said today on its website. Arqiva Ltd., Capita Plc, CGI Group Inc. and Gemserv Ltd were also listed as preferred bidders.