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Merrill Lynch upgrades Partner
Ilan Ben-Dov’s control of mobile carrier Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) was one of the reasons Merrill Lynch was negative on the share of the Orange franchisee. This attitude has changed with Haim Saban now taking control. Merrill Lynch analyst Haim Israel today raised his recommendation on Partner to “Buy” from “Underperform.”
Bezeq offers NIS 199 mobile, fixed and Internet package
Bezeq offers NIS 199 mobile, fixed and Internet package
Israel and Russia sign mobile roaming agreement
Israel and Russia have signed a cellular roaming agreement, which will allow lower mobile phone rates for tourists from each country visiting the other. It is difficult to assess the full significance of the agreement because the sides did not provide details making it impossible to know by how much prices will fall in practice. Israeli and Russian mobile carriers will need to negotiate and agree new tariffs.
Yes, Hot unveil cut-price basic packages
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) unit Yes (DBS Satellite Services 1998 Ltd.) is launching a basic package including 15 channels for NIS 129 per month, and the price will likely rise to NIS 149 after 12 months. Hot Telecommunication Systems Ltd. (TASE: HOT) is launching a similar basic package including 16 channels for NIS 129 per month. These special prices are on offer for one month and subscribers who sign up this month will receive a fixed price of NIS 129 for 18 months.
Golan Telecom CEO: We’ll always be here
“Golan Telecom is working. Golan Telecom is building antennas and investing. It will always be here,” Golan Telecom Ltd.founder and CEO Michael Golan told “Globes” editor-in-chief Hagai Golan on the Globes TV “Face to Face” program. In the program Golan spoke about the new mobile carrier’s latest aggressive marketing campaign (unlimited cellular plans for NIS 49 per month). He also discusses his competitors and the chances of Golan Telecom surviving on an intensively competitive market.
Haim Saban set to buy cellular carrier Partner
The sale of cellular carrier Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) to Haim Saban is set to be signed either later today or tomorrow. The deal for the Orange franchisee will be completed before Scailex Corporation (TASE: SCIX; Pink Sheets:SCIXF) through which controlling shareholder Ilan Ben-Dov controls Partner, publishes its financial report for the third quarter of 2012.
Partner deal signed
At midnight on Friday, Scailex Corporation (TASE: SCIX; Pink Sheets:SCIXF) announced that final agreement had been reached for the transfer of control of Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) to Haim Saban, after the Scailex board approved the deal.
Golan Telecom CEO: We’re here to break the market
“We’re here to break the market, to work for the good of the Israeli consumer. We’re not in trouble at all,” Golan Telecom Ltd.founder and CEO Michael Golan told “IDF Radio” (Galei Zahal) today in response to yesterday’s halving of the price for the carrier’s all-inclusive plan to NIS 49 a month for six months.
Histadrut declares labor dispute at Pelephone
Histadrut declares labor dispute at Pelephone
Patrick Drahi set to delist HOT
Patrick Drahi has succeeded in his mission to take HOT Telecommunication Systems Ltd. (TASE: HOT) private. Yesterday’s general shareholders meeting approved the merger deal for the company with a wholly-owned subsidiary of its parent company, Cool Holdings Ltd.