Israel holds 5G mobile network tender, aims for 2020 launch

JERUSALEM: Israel launched a tender for fifth-generation (5G) cellular frequencies on Sunday, hoping discounts to cash-strapped mobile phone operators battling fierce competition will entice bids.

The telecoms regulator expects three groups to bid, including a combination of operators to cut down on costs. It expects to announce winners by the end of the year with a commercial launch to start in 2020 and continuing through 2023.

“We are aware of the companies’ current financial situation and the tender takes this into account,” said Communications Minister David Amsalem.