Israeli mobile operators Cellcom and Pelephone have agreed to establish a shared 4G network, according to local business news site Globes, quoting unnamed sources.
Both telcos will have a holding of 50% and split costs of establishing the operation…
Israeli mobile operators Cellcom and Pelephone have agreed to establish a shared 4G network, according to local business news site Globes, quoting unnamed sources.
Both telcos will have a holding of 50% and split costs of establishing the operation equally.
The main terms of the deal have been agreed in principle, and it is set to be presented to their boards of directors “soon,” Globes wrote. The two companies have reportedly decided against going through the Antitrust Authority for a pre-ruling, to avoid a lengthy process, but will submit a final agreement for approval.
Cellcom and Pelephone did not reply to requests for comment.
The report also suggests there could an opportunity for local mobile operator Golan Telecom to join the venture, if it wanted to do so.
Separately, it was reported earlier this week that Golan has been in talks to join a newly-formed partnership between rivals Hot Mobile and Partner Communications for the provision of 4G services.
