Tag Archives: fiber optic venture
IEC workers to own 10% of fiber optic venture
IEC workers to own 10% of fiber optic venture
Steinitz approves IEC fiber optic venture
Minister of Finance Yuval Steinitz today signed the permit for Israel Electric Corporation (IEC) (TASE: ELEC.B22) to engage in telecommunications. The permit, which will come into effect when Minister of Energy and Water Resources Uzi Landau also signs it, is the final step in the government’s plan to establish a nationwide fiber optic network with unprecedented access and quality.