Golan Telecom set to become fifth Israeli operator
Golan Telecom is set to become Israel’s fifth mobile operator, having paid its ILS360 million (US$106 million) deposit, with the operator being controlled by the founders of French operator Illiad.
Select struggling to find Israeli finance
Globes reports that new licensee Select Communications has failed to secure financial backing from an Israeli bank, instead providing the regulators with a guarantee from Goldman Sachs.
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.
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