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Telecoms news from Israel
Alvarion Gets Less than Expected from Sale of Carrier Licensed Division
Israel's Alvarion has completed the previously announced deal to sell its carrier licensed division to Telrad Networks, but for less than originally expected. ...more.
Israel's Cellcom Sees First-Quarter Profits Plunge by More than 60%
Israeli mobile network operator, Cellcom has reported that its first-quarter revenues fell by 20.5 percent to NIS 1.,26 billion (US$345 million) as the company continued to suffer the effects of heightened competition and regulatory challenges. ...more.
Further Delays Expected in Israeli 4G Spectrum Auction
Israel took a step closer to releasing radio spectrum that can be used for 4G services, after the Ministry of Defense agreed to release spectrum it is occupying. ...more.
Facebook Mulling $1 Billion Investment in Location Based Mobile Services
Facebook is reported to be preparing to make another billion dollar mobile acquisition, with a deal to buy Israeli location-based services provider, Waze. ...more.
Nearly Million Israeli Switch Mobile Networks in Six Months
Just under a million Israeli mobile phone customers have switched networks over the past six months, the Ministry of Communications has announced. ...more.
Radcom Shrinks Losses as Revenue Growth Continues
Israel based Radcom has reported that its revenues for the first quarter increased by 9% to $4.6 million compared with $4.2 million in the first quarter of 2012. ...more.
Israel's Alvarion has named Assaf Katan as its Acting CEO, effective immediately. He is replacing Hezi Lapid who resigned as President and Chief Executive Officer last week after just a year in the role. ...more.
Alvarion's CEO Announces his Resignation
Struggling Israeli wireless infrastructure vendor, Alvarion has announced that Hezi Lapid has resigned as President and Chief Executive Officer of the Company. ...more.
Golan Telecom Gains Most Israeli Subscribers in March
Israel's Golan Telecom was the top gainer of new subscribers last month, while the MVNO, YouPhone came second, followed by Hot Mobile. ...more.
Israeli Mobile Network Settles Cancer Lawsuit
Israel's Partner Communications has made an out-of-court settlement with a customer who claims he contracted cancer from using one of the company's mobile phones. ...more.
Cellcom Cancels Shareholder Dividend as Full Year Profits Decline
Israeli mobile network operator, Cellcom has reported that its fourth-quarter revenues fell by 14.4% to NIS 1.41 billion as the company continues to be hurt by local industry competition and regulatory tightening of the market. ...more.
SingTel and Amdocs Open Joint R&D Lab in Israel
Singapore's SingTel and Amdocs have opened a joint development center in Israel as part of SingTel's plan to increase investments in research and development. ...more.
Partner Communications Turns Around Net Profit, but Underlying Performance Weakens
Iaraeli mobile network operator, Partner Communications has reported that its fourth-quarter revenues fell by 21% to NIS 1.3 billion, although the company was able to turnaround the income and report a net profit of NIS 102 million, ...more.
Alvarion sells carrier licensed division to Telrad Network
Israel's troubled wireless vendor, Alvarion has announced the sale of its carrier licensed division to Telrad Network for US$6.1 million, ...more.
Israel Sees Dramatic Rise in Mobile Number Portability Requests
Israel's Ministry of Communications has reported that the "dramatic rise" in switching mobile customers continued through the 4th quarter of 2012. ...more.
Israel's Pelephone Restores Service Following Major Network Outage
Israel's Pelephone has restored its network services after it suffered a four-hour outage over the weekend affecting its entire customer base. ...more.
Avarion in Talks to be Split Up and Sold
Struggling Israeli wireless equipment vendor, Avarion is reported to be in talks that could see it being bought by the USA based security solutions provider, DVTel, ...more.
Apple in Talks to Buy Mobile Navigation Service for Mapping Data
Apple is reportedly seeking to bolster the quality of its in-house mapping service through the acquisition of an Israeli start-up that has developed a novel navigation service. ...more.
Pelephone Staff Strike Over Union Recognition
Israel's mobile phone industry has been hit by its first ever strike as hundreds of Pelephone staff walked out in protest over the company's refusal to recognise a trade union. ...more.
Lower Roaming Costs Between Israel and Russia
The Russian and Israeli telecoms regulators have signed an agreement on working towards lowering the cost of mobile roaming between the two countries. ...more.
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