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Articles tagged with: Bezeq
012 Smile Buys Third of Israel's Bezeq
Israel's 012 Smile Communications is buying nearly a third of the dominant local telecoms operator, bezeq for NIS 6.5 billion (US$1.76 billion). 012 Smile is buying the 30.6% stake from Ap.Sb.Ar. Holdings. more
Related Tags: 012-smile, broadband, Israel
Cellcom in Talks with Bezeq to Link Cellular Sites
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Related Tags: cellcom, towers, fiber-optic, Israel
Israeli Min In Political Appointments At Telecom Probe
JERUSALEM (AP)--Israel's Attorney General Meni Mazuz has opened an investigation into allegations Vice Premier Ehud Olmert - to be appointed Finance Minister later Monday - made political appointments in Israel's main telephone company when he was communications minister in 2004, Justice Ministry spokesman Yaakov Galanti said. more
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Discount Investment Buys BellSouth's Cellcom Stake-Globes
JERUSALEM (Globes)--Discount Investment Corp. Ltd. (DISI.TV) has confirmed it has completed negotiations for the purchase of BellSouth Corp.'s (BLS) stake in leading Israeli wireless operator Cellcom. more
Related Tags: cellcom
Eight Groups Enter Competition For Israel's Bezeq
TEL AVIV (Dow Jones)--Eight groups of investors said Thursday they have formally entered the race to buy control of state-owned bezeq The Israel Telecommunication Corp (BEZQ.TV). more
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Palestine's telecom market: Growing despite very adverse conditions
Despite very adverse economic and security conditions, the Palestinian fixed and cellular markets are growing at a good rate according to a report from the Arab Advisors Group. Mainlines grew at a Compound Annual Growth Rate (CAGR) of 9.2% between 1999 and 2003, reaching 332,515 mainlines by September 2004, a penetration rate of 8.8%. The cellular market also grew at a very healthy (2000-2003) CAGR of 24.7%, and exceeded the 850,000 subscribers mark in October 2004. The Palestinian national operator Paltel, and its GSM subsidiary Jawwal, face limited competition from the Israeli bezeq (for Paltel), and massive competition from four Israeli cellular operators (for Jawwal). more
Related Tags: ict, paltel, jawwal, arab-advisors-group
New report into Israeli market
According to new IDC research, users spent around US$3.97 billion on telecommunications services in Israel in 2003, with the market expected to show an average annual growth rate of 2.3% through 2008. Spending on voice services still represents more than 90% of total expenditure by private and commercial customers. more
Related Tags: iden, idc, cellcom
S&P investor forum examines European telecoms sector
Standard & Poor's Ratings Services said that more conservative financial policies and business strategies lay behind improving credit quality in the European investment-grade fixed-line and mobile telecommunications sector. more
Related Tags: elisa, portugal-telecom, 3g-license, eu
Israel to privatize landline and cellular network
The Israeli government has published a tender for the privatization of the state owned bezeq Israel Telecom. The deadline for the tender is February 13th next year, and is expected to raise as much as US$2 billion. bezeq is Israel's monopoly landline carrier, and is the majority shareholder in Pelephone, one of the local cellular networks. The Government Companies Authority is handling the privatization for the government." more
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Palestinian network sues Israeli competitors
Palestinian Telecommunications (PALTEL) has said that it is to sue two Israeli cellular networks for breaching its five year monopoly in the Palestine National Authority. The lawsuit is against Pelephone for US$160 million and against Cellcom for US$275 million. Hakam Kanafani, managing director of PALTEL's cellular unit Jawwal, told reporters that the action was not politically motivated, but driven by a desire to recoup lost revenue from the networks that were encroaching on its market. PALTEL claims that both Pelephone and Cellcom are offering cellular services in the West Bank and Gaza Strip, in violation of Palestinian telecoms law. However, it may be worth noting that PALTEL is understood to owe Pelephone's 50% share holder, bezeq Israel Telecom several million dollars, and this could be a move to write off the debt, as well as secure funds for the network expansion. PALTEL has spent some US$120 million on its network so far." more
Related Tags: paltel, cellcom, pelephone