Prime Minister Binyamin Netanyahu said Sunday that he expected the Israel Electric Company to follow through on its obligations and install Israel's fast fiber optic network system. The system is to be installed through the IEC's electrical wiring system. So far, however, little work has been done on the project, and in Sunday's cabinet meeting, Communications Minister Moshe Kachlon said the IEC was demanding more money than had been agreed upon to execute the project.
Netanyahu slammed the company for failing to move ahead with the project. “If the IEC continues to hold back this important project, which promises to bring fast internet to every household, I will not hesitate to intervene. I will not allow a monopoly with a government license to hold back this service,” he said.