The consortium led by Sweden’s ViaEuropa that won the right to build the superfast broadband network operating over infrastructure owned by the Israel Electric Corporation (IEC) has unveiled its wholesale pricing structure. According to Globes Online, the new fibre-optic player plans to offer 100Mbps downlink speeds at ILS100 (USD28) per month, including VAT. With the infrastructure operator expected to offer commercial speeds of up to 1Gbps, however, it has yet to reveal the fees for its higher-end services.
As noted in TeleGeography’s GlobalComms Database, in December 2012 the ViaEuropa-led consortium – which also includes Zisapel Assets, Rapac Communications and Infrastructure, Tamares Knafayim Holdings and BATM Advanced Communications – won the right to build a superfast broadband network in Israel; the group holds 60% of the JV, with Israel Electric Corporation (IEC) holding the remainder. Approval for the fibre-optic venture from the Ministry of Finance was granted just a month later, following a presentation by the consortium to the tenders committee detailing plans for the network development, which included a promise to introduce 1Gbps access speeds.