Israel’s Bezeq Communications Company Ltd. (TASE: BEZQ) today announced that it will officially launch the fiber optic project on March 14th. At the launch event, all the details about packages and speeds will be revealed. Yesterday, the Globes newspaper exclusively reported that Bezeq has already contacted Internet service providers (ISPs) and asked what they will charge for packages and that the Ministry of Communications is preventing Bezeq from providing broadband Internet infrastructure and access to an ISP as a single product, but only as opposed to packages through service providers. Internet. Bezeq despaired of overcoming this separation. Related materials The official launch will take place on March 14th, but Bezeq is working hard to spread its fiber-optic network and at the launch event, its reach so far, which is estimated to be very large, will be revealed. The launch of the Bezeq fiber-optic project is an event of great national importance, which will propel Israel into a new world of digital applications and raise it to the level of the global league in terms of browsing speeds, as the country is declining at the present time. Bezeq will invest billions of shekels in the project over the next five years. Bezeq’s entry into the optical fiber sector will intensify competition with IBC, which is owned by Cellcom Israel Ltd. (NYSE: CEL; TASE: CEL), HOT Telecommunication Systems Ltd. , Israel Electric Corporation (IEC) (TASE: ELEC.B22) and the Israel Infrastructure Fund. Posted by Globes, Israel business news – en.globes.co.il – February 25, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021
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