TeleGeography Logo

Israel seeks new fibre investor

10 Oct 2011

The Israeli government has announced that it is seeking an investor to help build a 25,000km fibre-optic network that would bring ultra high speed internet to Israel and increase competition, Reuters reports. Approximately 65% of the population will be able to access the internet at speeds of 100Mbps by 2018, with the remainder of the country receiving coverage by 2020. The investor will take a 51% stake in a new private company to be formed by April 2012, with state-run Israel Electric Corp (IEC) owning the remainder of the venture. Communication Minister Moshe Kahlon said yesterday that the Israeli telecoms infrastructure sector needed a new player as only two operators currently possess broadband networks of any notable size, namely Bezeq and HOT.


GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.