Israel Weighs Infrastructure Aid for Struggling Telcos
- Comms ministry would redirect levies into capex investment
- Elovitch probe won’t impact fate of ‘structural separation’
This article is for subscribers only.
Israel is considering using some of the fees telecommunications companies pay it to upgrade the country’s internet infrastructure, a move that could boost the industry’s flagging profits without hurting costumers, according to the communications minister.
Ayoob Kara, who assumed the post in May, said he told staff to study the impact of redirecting hundreds of millions of shekels each year. Israeli telecom companies have slashed spending on infrastructure in recent years as their revenue from mobile plans has shrunk due to competition.