Madrid Meter Contract Signals Market Boost

10 Aug 2023
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On 13 June 2023, Canal de Isabel II (CYII), the public utility in charge of water and wastewater services in the region of Madrid, Spain, awarded an advanced metering infrastructure (AMI) tender to Vodafone and Telefónica worth over €73.6 million (US$82.7 million). The contract scope includes acquisition and connection services for 540,000 meters via narrowband Internet of Things (NB-IoT) over five years.

In this Research Note:

  • CYII’s AMI rollout supports resource optimization, NRW reduction
  • Increased pipe replacement, mobile leak detection key to tackle real losses
  • Vendors awash in smart meter supply opportunities across Spain
  • Select meter OEMs claim regional strongholds, leverage existing supply relationships, and differentiate with NB-IoT

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