Barcelona, Spain (ots/PRNewswire) – The cloud-based GSMA Equipment Marketplace platform helps telecommunications providers around the world reuse, repurpose and recycle their network assets
The GSMA today, in collaboration with the solution provider Shields Environmental Group (Shields) unveiled a network equipment trading platform designed to help the telecommunications industry achieve its financial and environmental sustainability goals.
The cloud-based global platform called GSMA Equipment Marketplace will help telecommunications providers around the world reuse, repurpose and recycle their network resources, helping them achieve their net zero environmental goals and ensure financial sustainability.
By making the service available to its members, which include more than 1,000 mobile operators and device manufacturers around the world, the GSMA hopes that the service will transform the way networks – whether fixed, mobile or private – are procured and distributed be put into operation can change. This, in turn, will support the industry in its efforts to reduce CO2 emissions and minimize the extraction of environmentally harmful raw materials for the manufacture of telecommunications equipment.
The GSMA estimates that the manufacture of network equipment (including material extraction and processing) and the construction of network sites and cell towers generate more than 30 million tonnes of CO2e per year. The GSMA Equipment Marketplace can help reduce these numbers by enabling operators to reuse and recycle more of their assets, helping the industry achieve its goal of becoming net zero by 2050 at the latest to be.
John Giusti, Chief Regulatory Officer and Climate Action Sponsor at the GSMA, said: “The industry continues its strong and concerted actions to meet its net zero commitments. Transitioning to a circular economy business model can help operators further reduce their emissions by reducing their reliance on carbon-intensive equipment manufacturing. We believe this new platform from GSMA and Shields can support telecom network providers in their efforts to reduce carbon emissions and reduce their reliance on raw material extraction.”
The GSMA Equipment Marketplace platform is already being used successfully by the Vodafone Group. The GSMA and Shields today unveiled plans to make the platform available to the entire industry.
Ninian Wilson, Vodafone Global Supply Chain Director und CEO Vodafone Procurement Company, sagte: „This platform has successfully supported Vodafone to reuse, resell and recycle end-of-life network equipment since we launched it in 2021. It has opened up new revenue and savings opportunities for us while helping to reduce our environmental footprint. We are pleased that this platform is available to companies across the industry and enables a circular economy for network equipment on a larger scale.“
To read the full press release, please click here
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Questions & Contact:
Mike Witts,
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