Sydney, July 08, 2020 (GLOBE NEWSWIRE) -- Just released, this edition of Paul Budde Communication’s focus report on Israel outlines the major developments and key aspects in the telecoms markets.
Read the full report: https://www.budde.com.au/Research/Israel-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses
Israel also attracts investment in its cyber-security industry and has established itself as a hub for thousands of start-up companies.
To underpin these advanced developments; Israel is developing a robust telecoms sector. It has a high household internet penetration rate, almost all of which are broadband connections and fibre-network deployment is well underway, led by the Israel Broadband Company (IBC).
Coverage of 4G in Israel is significant and the regulator is forging ahead with a planned auction of 5G spectrum. The regulator has offered financial incentives to encourage operators to participate. The operators have also seen a flurry of merger and acquisition activity over the last 6 or so months, with the outcome seeing Golan Telecom acquire Cellcom (to be finalised by the end of 2020).
BuddeComm notes that the outbreak of the Coronavirus in 2020 is having a significant impact on production and supply chains globally. During the coming year the telecoms sector to various degrees is likely to experience a downturn in mobile device production, while it may also be difficult for network operators to manage workflows when maintaining and upgrading existing infrastructure. Overall progress towards 5G may be postponed or slowed down in some countries.
On the consumer side, spending on telecoms services and devices is under pressure from the financial effect of large-scale job losses and the consequent restriction on disposable incomes. However, the crucial nature of telecom services, both for general communication as well as a tool for home-working, will offset such pressures. In many markets the net effect should be a steady though reduced increased in subscriber growth.
Although it is challenging to predict and interpret the long-term impacts of the crisis as it develops, these have been acknowledged in the industry forecasts contained in this report. The report also covers the responses of the telecom operators.
Key developments:
- Israel is considered a leader in new technology.
- The mobile operators experienced a decline in revenues in 2020 due to COVID-19.
- To facilitate contact tracing during COVID-19; an emergency law was enacted which would allow them to use mobile phone data from citizens for tracking and tracing purposes.
- Bezeq and HOT are both subject to broadband universal service obligations which has resulted in fixed broadband being available to 99% of all households.
- This report includes assessment of the global impact of COVID-19 on the telecoms sector.
Companies mentioned in this report include:
Bezeq, Bezeq International, Pelephone, HOT Telecom, HOT Mobile, Cellcom, 013 NetVision, Partner (Formerly Orange), 012 Smile, Xfone, Golan Telecom (Electra Communications), Israel Broadband Company (IBC); Remi Levy, Mobile 019.
Read the full report: https://www.budde.com.au/Research/Israel-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses