Israeli cable TV player planning mobile buy
Reuters reports that Israeli cable TV company HOT is to buy mobile operator Mirs for US$378 million, in order to compete with its rivals by offering a broader range of services.
Israeli new entrant fails to secure funding
Israeli new-entrant Xfone Communications has been stripped of its licence, having failed to secure funding to secure its concession, according to Israeli publication Globes.
Regulators look to MVNOs to ramp up competition in Israeli mobile market
Incumbent mobile operators face pressure from new market entrants and regulatory moves
Israel set to license new mobile entrants
Israel’s Ministry of Communications is to issue two new mobile licences, in order to increase competition in the country’s telecoms sector, Reuters reports.
Drahi closing in on MIRS acquisition
Globes Online reports that French businessman Patrick Drahi is closing in on the acquisition of Israeli iDEN operator MIRS Communications.
Motorola says no to late MIRS bid from Rapac
TeleGeography notes that, according to Globes Online, Motorola Israel has chosen not to re-open the bidding for its local iDEN subsidiary MIRS Communications, and will instead move forward with the three existing bidders; mobile operator Pelephone, telco 012 Smile Communications and businessman Patrick Drahi.
Report: Motorola wants more MIRS bids
TeleGeography, citing a Globes Online report, notes that Merrill Lynch Israel, which is handling the sale of Motorola Israel’s iDEN subsidiary MIRS Communications, has called on both 012 Smile.Communications and Patrick Drahi’s Cool Holdings to submit revised bids.
Israel’s big guns withdraw bids for Motorola’s Mirs
Cellcom and Partner (Orange) – Israel’s two largest mobile operators – have both pulled out of bidding for their smaller rival Mirs communications, Motorola’s Israeli subsidiary that is up for sale.