A PYMNTS Company

Israel: Cellcom network sharing deal with Xfone gets antitrust approval

 |  October 30, 2016

Israel’s antitrust commissioner has approved Cellcom Israel’s network sharing and hosting agreement with Marathon 018 Xfone, the country’s biggest mobile phone provider said on Sunday.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The agreement, originally announced in July, still requires approval of the Communications Ministry.

    Xfone, which was awarded fourth generation frequencies in a 2015 tender, hasn’t entered the cellular market yet.

    The 10-year agreement stipulates that the two companies will cooperate in development of a shared 4G network, using both parties’ 4G frequencies.

    Cellcom’s bid to acquire rival Golan Telecom was blocked by Israel’s telecoms regulator, who argued that such a deal ran contrary to its efforts to introduce more competition to the market.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.