Cellular telephone providers Cellcom, Pelephone and Golan Telecom announced, Tuesday, that they have signed an agreement to set up a 4G LTE (fourth generation Long Term Evolution) network for wireless data communication. Cellcom signed an agreement with Pelephone for sharing passive components in existing network sites and with Golan Telecom granting Golan long-term rights to use Cellcom's 2G and 3G network. Under the agreement, the providers will cooperate in allocation of 4G frequencies.
In practical terms, each company may use the sites of the other companies and put its technology on the tower of the other companies, leading to dismantling of 45 percent of the sites and saving each company tens of millions of shekels in rent and maintenance costs. The deals are subject to the approval of the Communications Ministry and the Antitrust Commissioner. Communications Minister Gil'ad Erdan has welcomed the agreement.