Telefónica and Vodafone Secure Multi-Million Contract for Smart Water Meters in Madrid

The Madrid-region public water utility Canal de Isabel II, S.A. has awarded a contract valued at just over €30 million to telecommunications operators Telefónica, S.A. and Vodafone España, S.A.U. for the supply and connectivity of smart water meters across the region.

Under the deal, View:

• Telefónica secured seven of nine lots, with an approximate value of €25 million.

• Vodafone took the remaining two lots, worth over €5.5 million.

• The contract covers a rollout period of up to five years.

• It forms part of the broader digital transformation of water-cycle management by Canal de Isabel II, which serves more than six million residents in the region.

The devices being installed will incorporate pressure sensors and NB-IoT (Narrow Band-Internet of Things) communication, enabling automated remote meter reading and real-time consumption monitoring.

One earlier phase of the programme had Vodafone supply 315,000 smart meters and connectivity over five years for more than €25 million.

The initiative is expected to enhance resource distribution, reduce unregistered consumption and enable advanced customer services such as usage alerts and alternative billing models.