Israel’s Cellcom says that it has signed a network sharing agreement with smaller rival, Golan Telecom covering a planned LTE network.
The two companies will provide the required frequencies for the operation of the 4G radio network and purchase and operate their own core network.
The agreement lasts for just under 6 years, and is subject to the usual regulatory permissions.
Cellcom said that the annual revenues from the sharing agreement are expected to be at a similar level to those generated from the parties’ existing national roaming agreement in 2013.
The Company continues its efforts at further network sharing, including the sharing of passive elements of cell sites for existing networks, which the Company expects to generate future savings in both operating expenses and capital expenditures.