Bezeq pledges huge investment for fibre optic rollout

Bezeq pledges billions for fibre optic rollout

Israeli operator Bezeq Israel Telecom announced plans to invest billions of shekels to accelerate the deployment of a nationwide fibre optics network, to connect more citizens to ultra-fast broadband over the coming weeks.

In a statement, Dudu Mizrahi, Bezeq CEO, said the fibre optic project will soon connect thousands of neighbourhoods and locales to ultra-fast internet connections, benefitting millions of Israelis.

“Such a complex and resource-intensive project will be of huge benefit to the Israeli public and will contribute to narrowing the digital divide”, said Mizrahi.

"We are setting out on an exciting path that will turn Israel into a world leader in telecommunications infrastructures. We will invest billions of shekels to build out the largest and most complex telecommunications infrastructure network, at the centre of which is an advanced fibre optic network covering the country from Metula in the North to Eilat in the South, along Israel's borders and in the heart of the country".

Speaking to Reuters, Mizrahi said Bezeq’s current fibre network can reach 100,000 buildings, connecting 1.5 million people around 60% of Israel. He said work to connect the rest of the country will be “fast and aggressive”.

Over the coming days, Bezeq will deploy in several Israeli cities, with the pace of deployment to accelerate throughout 2021. The company is aiming to expand its ultra-fast broadband services from businesses, schools and medical institutions to private customers.

Gil Sharon, Bezeq chairman, said: "The launch of Bezeq's fibre infrastructure is a step of national importance. The extensive and rapid deployment of the country's largest fibre network will move Israel forward and contribute to the country's resilience and economy. This project will bring Bezeq and Israel to the technological front of the world's advanced communications networks.”

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