Globes: Deal approval depends on 1.7 million households being connected to IBC's fiber-optic network within five years

Cellcom had offered NIS 590 million ($172m) for its smaller competitor; antitrust authority says cellular market will remain competitive even after the merger

Reuters: After the nation's mobile phone industry was shaken up in 2012 with new entrants sparking a price war, the sector may be now moving to consolidation

Taxes levied tax on phone and internet companies will then be used to incentivize those that agree to invest in infrastructure across the country, which suffers from subpar speeds