On the basis of this price, ISPs will add their own costs, but the prices will be very low for gaining entry into the market.
The new fiber optics venture will sell to Internet services providers (ISPs) 100 Mbps symmetrical at NIS 100 per month, including VAT. This is an astonishing price, given that this is a symmetrical pace at the same price for everyone. On the basis of this price, ISPs will add their own costs, but the prices will be very low for gaining entry into the market, because neither Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) nor Hot Telecommunication Systems Ltd. (TASE: HOT.B1) can match the rate of 100 Mbps symmetrical for private customers.
We are now waiting to see whether prices for higher speeds will be disclosed, because the fiber optic venture is supposed to provide speeds of up to 1 Gbps symmetrical per customer.
ViaEuropa CEO Jonas Birgersson today unveiled the project at its first customers convention at the Dan Hotel in Tel Aviv. He said that experience from the company's similar projects showed that when the infrastructure is laid to provide high-speed Internet to every home, demand is created.
Published by Globes [online], Israel business news - www.globes-online.com - on October 15, 2013
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