IEC Workers’ Shocking Power Play for Shares in New Israeli Broadband Firm IBC

IBC is using the Israel Electric Corporation’s power grid for its fiber-optic cables, but is being short-circuited by IEC workers’ bid for stock in the private company.

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Just imagine a hypothetical situation where a Chinese concern wins a tender to privately operate a government-owned Israeli port. In order to avoid being hassled by regulators and gain the cooperation of the...