Pelephone and Ericsson today signed the contract to establish the 4G network.
Pelephone Communications Ltd. and its equipment vendor Ericsson AS (NYSE; OMX: ERIC) have begun installing the carrier's 4G network: 250 antennas are already in the country and will be installed soon. Pelephone required the bidders in its tender to bring to the country 250 antennas to demonstrate their seriousness, and this condition has made it possible for the carrier to begin deployment immediately, with the goal of setting up hundreds of antennas nationwide by the end of the year.
Pelephone and Ericsson today signed the contract to establish the 4G network. Ericsson will be the exclusive supplier in the initial stage, but Pelephone reserves the right to add another supplier in the future.
Pelephone is establishing a 4G network even though it has not yet received the frequencies, and is in the worst position of all the carriers in this regard. The carriers hopes that the frequencies will be released soon, so that it can starting offering services and easing the huge load on its 3G network and meet customer demand for faster and better Internet access.
Published by Globes [online], Israel business news - www.globes-online.com - on April 30, 2014
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