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Israel Telecom s All-Fiber Communication Upgrade
The Ministry of Communications is today (Monday) publishing a public hearing to establish an outline for the gradual shut down of the copper cable infrastructures of Bezek and HOT Telecom, with the aim of replacing them with an advanced infrastructure based on fiber optics. The Ministry of Communications is today (Monday) publishing a public hearing to establish an outline for the gradual shut down of the copper cable infrastructures of Bezek and HOT Telecom, with the aim of replacing them with an advanced infrastructure based on fiber optics. The Minister of Communications, Knesset Member Dr. Shlomo Karai, stated: “Shutting down the copper cable network will lead to huge cost savings for the infrastructure companies, resulting in better competition in quality and price for the benefit of all of us. Competition in the fiber optic cable market is heating up after IBC Unlimited raised NIS 450 million in a financing agreement with Migdal Insurance and Financial Holdings Ltd.
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