Israeli regulator awards licences for 5G networks

 TEL AVIV: Israel's Communications Ministry said on Thursday it has concluded a tender to award frequencies to operate fifth generation (5G) mobile networks.

Cellcom, Israel's largest mobile phone operator which is in the process of acquiring rival Golan Telecom, said it will pay 115 million shekels ($34 million) in license fees.

Partner Communications, the second-largest mobile operator, said it will pay, together with HOT Mobile, 62.3 million shekels for its frequencies. Partner operates a joint radio network with HOT, a subsidiary of telecoms and cable group Altice Europe.