Select Communications

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.

1 Aug 2011

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.

15 Jul 2011

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.

31 May 2011