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Telecom Business Review | Wednesday, November 24, 2021
Partner Communications, an Israeli telecom company signed a 40 million shekel (12.6 million dollars) deal to establish a fibre optics network in Israel to enable a second ultra-fast data link between Europe and the Far East
FREMONT, CA: Partner Communications, an Israeli telecom company, announced on Wednesday, 23 January, that it has signed a 40 million shekel (12.6 million dollars) deal to establish a fibre optics network in Israel to enable a second ultra-fast data link between Europe and the Far East. The new network, which was agreed with Tamares Telecom, will be an alternative to the existing Suez Canal cables that connect Europe and Asia. Partner explained that a new route was required since the Suez lines were failing owing to geopolitical concerns and cable tearing caused by ships passing through the narrow, shallow canal.
To enhance Tamares' network and build a corridor between the Mediterranean Sea and Jordan, Partner stated it will deploy 300 km (186 miles) of fibre optics at a cost of tens of millions of shekels. Tamares will also purchase Partner's maintenance services. The project is expected to take two years to complete and will finally connect cables from the Far East to two locations in Israel: the Israel-Jordan King Hussein border crossing and Eilat, a Red Sea resort city. It will then travel through Israel to Haifa, a Mediterranean port on the Mediterranean Sea, and finally on to Europe.
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The project will provide high capacity and address the growing data flow from the West to the East. According to the corporation, it has the opportunity to engage with other operators from across the world in transactions that are expected to create considerable future revenues and profits for Partner. Avi Zvi, Partner's CEO stated that it will transform the company into a worldwide communications infrastructure player in addition to being a substantial growth driver. Partner is the second-largest mobile phone company in Israel. It, like its counterparts, has struggled to stay profitable over the last decade as competition in the mobile market has increased, and it has turned to internet and television services as new revenue streams. It is currently constructing a fibre network in Israel
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