Wait, they're afraid that their cell phone transmissions will be intercepted,
I think it's more that modern cell phones contain GPS..... terrorists don't exactly want to carry a tracking device on their person.
They could surely buy enough Nokia 3310's if that was a concern. Or a custom ROM on an Android phone to remove the GPS function altogether (probably want to kill WLAN too as that can be used for location finding).
Pagers seem like an odd decision. But I guess I wouldn't expect terrorists to have the most logical thinking patterns.
Regardless of device we now know that Israeli intelligence is quite adept at intercepting Hezbollah's supply chain logistics.
Therefore any bulk purchase and distribution of Nokia 3310, custom Android ROM, or pagers, by Hezbollah will likely be compromised.
The question is why did Hezbollah consolidate their supply of pagers to a single source? Just like the semiconductor shortage for car manufacturers, it's generally a silly idea to put all your eggs in one basket.
Part of the answer is that within the counter-intelligence operations, Israel may have triggered a kneejerk reaction for Hezbollah to urgently switch their communications methods to pagers, thus opening a window for Israel. But this latter point is speculation beyond the scope of this thread.
The general point is that single sourcing is generally a bad idea.