Pele-Phone's digital network has 350,000 subscribers. In its present state, it can handle another 400,000 subscribers.
Pele-Phone will invest $230 million in expanding its CDMA digital network in 2000, which will fill 50% of the company's frequencies and enable it to handle 800,000 subscribers.
"Globes" has learned that the company's engineering division has demanded a budget of $600 million for 2000, but the board of directors' managing committee has approved only $230 million. The company's CDMA network currently has 650 transmitting-receiving sites, compared with less than 600 for the analog network.
Pele-Phone's digital network has 350,000 subscribers. In its present state, it can handle another 400,000 subscribers.
In response, a Pele-Phone spokesman said, "Pele-Phone plans to invest hundreds of millions of dollars in the company's communications networks in 2000, including NEXT and CDMA. The exact investment budget has not yet been determined."
Published by Israel's Business Arena on November 1, 1999