A PYMNTS Company

Israel: Network sharing agreement OK with antitrust authorities

By  |  May 22, 2014

Israel’s Partner Communications Company has announced in a press release that the nation’s Antitrust Authority gave clearance for the operator’s network sharing agreement with wireless operator HOT Mobile.

The sharing agreement, however, was only cleared with concessions, according to a press release. Among those concessions includes the agreement that the joint venture would not share information that is not required for the operation of the venture.

The companies said the network sharing agreement would create a 50/50 joint venture that combines Hot Mobile and Partner Communications’ radio access network infrastructures.

Full content: Market Watch

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