Israel

Altice Europe’s Israeli subsidiary Hot Mobile made a bid to acquire local rival Partner Communications, in a move to boost the conglomerate’s presence in the country.

Israel operator Cellcom announced it would make substantial cuts to its workforce as part of a programme to slash ILS150 million ($43 million) from annual operating costs, citing continued intense competition in the sector.

Israel’s communications ministry officially launched a tender for 5G-suitable frequencies, with aims to announce the winners by the end of the year and deploy commercial networks in 2020.

Electra Consumer Products is to acquire Golan Telecom, in a move that also ends the troubled Israeli operator’s long-running dispute with former suitor Cellcom.

Israeli industrial group Elco Holdings is reportedly set to acquire Golan Telecom, in a move that could allow the operator to resolve its long-running spat with rival Cellcom.

Cellcom, Israel’s largest operator, confirmed it will file a liquidation request against Golan Telecom on 30 November (tomorrow), days after it first suggested such a move.

Israel’s top operator Cellcom said it is in “advanced stages of negotiations” of a network sharing and hosting agreement with Marathon 018 Xfone and another group of investors interested in the purchase of Golan Telecom.