Telecoms

Telecoms

  
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1

Benny Steinmetz sells Cellcom stake to Discount Investment

Telecoms
  IDB group company Discount Investment bought the 1.5% stake for NIS 150 million.
  Irit Avissar 04/03/2010
 Benny Steinmetz is liquidating assets. Sources inform "Globes" that, two months ago, Steinmetz sold his holdings in mobile telecommunications carrier Cellcom Israel Ltd. (NYSE: CEL ) to Cellcom's ( ...
2

Hezi Bezalel buys Xfone 018

Telecoms
  Talks are underway for Xfone to become the first MVNO in Israel.
  Yossi Nissan 04/03/2010
 Businessman Hezi Bezalel has bought Xfone 018 Communications Ltd. for $6.5 million. Bezalel recently bid for Motorola unit Mirs, and said at the time that he would consider other investments in the ...
3

New GSM network drives Pelephone revenue above NIS 5.3b

Telecoms
  One-quarter of Pelephone's subscriber base is on the new network.
  Yossi Nissan 03/03/2010
 Bezeq The Israeli Telecommunication Co. Ltd. (TASE: BEZQ ) wholly-owned mobile subsidiary Pelephone Communications Ltd. saw growth in most of its areas of business in the fourth quarter compare with ...
4

Bezeq doubles net profit

Telecoms
  Strong results led the telecommunications firm to set a NIS 2.4 billion dividend.
  Adi Ben-Israel 03/03/2010
 Bezeq The Israeli Telecommunication Co. Ltd. (TASE: BEZQ ) today published its consolidated financial report for the fourth quarter and full year of 2009. Bezeq posted NIS 2.93 billion revenue for the...
5

Cellcom CEO earns NIS 5.6m

Telecoms
  24 Cellcom executives made an aggregate NIS 22.8 million in 2009.
  Globes' correspondent 02/03/2010
 Cellcom Israel Ltd. (NYSE: CEL ; TASE: CEL ) CEO Amos Shapira made NIS 5.6 million in 2009, according to the 20-F Form Annual Report that the company filed with the US Securities and Exchange Shapira'...
6

Cellcom profit jumps 20%

Telecoms
  CEO Amos Shapira: Revenue from content and value added services continued to increase rapidly.
  Globes' correspondent 02/03/2010
 Cellcom Israel Ltd. (NYSE: CEL ; TASE: CEL ) achieved record revenue, beating the analysts' profit consensus for the fourth quarter. Nochi Dankner-controlled IDB Holding Corp. Ltd's (TASE: IDBH ) Net...
7

Google Israel develops Android in Hebrew

Telecoms
  The local branch will translate the mobile operating system, saving the importers the work.
  Tzahi Hoffman 01/03/2010
 Israeli mobile users will soon see handsets with Hebrew-language Google Android operating systems. Google Israel Ltd. will translate the operating system's interface into Hebrew and release them to ...
8

Netanyahu office director general: Telecom market a duopoly

Telecoms
  Prime Minister's Office director general Eyal Gabbai supported the IEC's entrance into the telecommunications infrastructure market.
  Gad Perez 28/02/2010
 Prime Minister's Office director general Eyal Gabbai today told Hot Cable Systems Media Ltd. (TASE: HOT ) CEO Herzl Ozer that the he believes that the telecommunications infrastructure market ( Gabbai...
9

Internet Gold turns to profit

Telecoms
  2009 net profit was NIS 101 million, compared with a net loss of NIS 24 million in 2008.
  Shira Horesh 24/02/2010
 Shaul Elovitch-controlled Internet Gold Golden Lines Ltd. (Nasdaq: IGLD ; TASE: IGLD ) swung to profit on record revenue in the fourth quarter. Internet Gold posted NIS 324 million ($86 million) 012 (...
10

012 Smile profit doubles ahead of Bezeq deal

Telecoms
  Full-year revenue rose 6% to a record NIS 1.17 billion.
  Yael Gruntman 23/02/2010
 Shaul Elovitch-controlled 012 Smile.Communications Ltd. (Nasdaq: SMLC ; TASE: SMLC ) reported record revenue and profits for the fourth quarter and the year as a whole. The company today published its...

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