Communication Ministry will not approve Bezeq's Internet rate hikes - TheStreet

Communication Minister Reuven Rivlin in a meeting of the Knesset Internet committee said he intends to allow cable companies to separately operate their fast Internet services beginning next February, as their merger reached a dead end, Paper Tiger is reporting.

"Unfortunately, due to excess regulation, the merger of the cable companies is still delayed. For that very reason we will issue the companies separate licenses, and I am hopeful they will launch their services in February," said the minister.

Another issue on the agenda was the request from Bezeq to raise its Internet subscription prices. The company wants to raise the price of its monthly all-you-can-surf package from NIS 99 to NIS 149. The company also offers a limited monthly 120-hour surfing package at NIS 88.

Deputy director-general for finances at the ministry, Assaf Cohen, said the ministry held talks on the subject, and told Bezeq it would not accept its proposal.