Telecommunications

Found 21 recent publications

Aug 31, 2026
Ministry of Communications Approved the Sale of Hot Mobile to Delek Retail and Keystone
Business

Ministry of Communications Approved the Sale of Hot Mobile to Delek Retail and Keystone

The Ministry of Communications has approved the transfer of control over cellular provider Hot Mobile from Altice to a group led by Delek Retail and the Keystone fund. The deal is valued at 1.8 billion shekels.

15:36Globes
The deal is complete: Final approval received for the sale of Hot Mobile
Business

The deal is complete: Final approval received for the sale of Hot Mobile

The Ministry of Communications has given the green light for the sale of the mobile operator Hot Mobile to Delek Israel, Keystone, and Leumi Partners, after the Competition Authority approved the deal earlier this month. The deal values Hot Mobile at approximately 1.2 billion shekels.

Aug 27, 2026
14:43ICE
Telecom giant goes bankrupt: rehabilitation failed, liquidation process has begun
Business

Telecom giant goes bankrupt: rehabilitation failed, liquidation process has begun

The end of a drama lasting more than a decade: a court in Brazil has finally approved the bankruptcy of telecom giant Oi and rejected the banks' appeals. Despite the collapse, the company will continue to operate temporarily to prevent the shutdown of essential services; initial liquidation procedures have begun.

14:43ICE
HOT: Profit Jump Before Mobile Sale Is an Illusion
Business

HOT: Profit Jump Before Mobile Sale Is an Illusion

Altice reports reveal a dual picture in HOT's Israeli operations: EBITDA jumped 6.5% in euro terms, but actually eroded in local currency. We analyze why cash flow improved despite business stagnation.

Aug 26, 2026
11:28Globes
Partner reports reveal: how much is each customer worth to a mobile company?
Business

Partner reports reveal: how much is each customer worth to a mobile company?

Partner's revenue fell by 1.5% to 790 million shekels, but operating profit and EBITDA continued to grow. The company crossed the one million 5G subscriber mark for the first time, alongside an increase in internet and television subscribers. The company is awaiting a court ruling on its request to distribute a special dividend.

10:49ICE
Partner reveals strong reports: but why are investors worried?
Business

Partner reveals strong reports: but why are investors worried?

The telecommunications company managed by Avi Gabay closed a strong quarter with growth in all profit lines and the highest mobile subscriber recruitment in the industry - but at the same time is trying to distribute half a billion shekels to shareholders not from its profits, a move its bondholders have already voted against. What does this mean for the company's financial resilience, and how...

Aug 21, 2026
Even before the cancellation of structural separation: Bezeq raises profit forecast
Markets

Even before the cancellation of structural separation: Bezeq raises profit forecast

Bezeq has upgraded its 2026 net profit and EBITDA forecasts due to improved business performance. The company now expects net profit to reach between 1.15 and 1.2 billion shekels.

Aug 13, 2026
22:16ICE
Patrick Drahi in financial crisis: billions in debt and bankruptcy risk
Markets

Patrick Drahi in financial crisis: billions in debt and bankruptcy risk

Massive debts of $16.3 billion threaten the collapse of the American cable giant Optimum (formerly Altice). Following an S&P credit rating downgrade, experts are forecasting a potential bankruptcy filing within the year.

Aug 12, 2026
10:36Globes
Cellcom recorded its most profitable quarter in 11 years
Markets

Cellcom recorded its most profitable quarter in 11 years

Cellcom presented its strongest quarter in 11 years, with a 44% jump in net profit to 92 million shekels and a 26% increase in operating profit. The main improvement stemmed from a sharp increase in equipment sales and continued debt reduction, while service revenues continued to erode and the stock responded with a rise of about 5% in trading.

Aug 11, 2026
09:52ICE
Pelephone Launches New Flagship Branch: Location and the Cash-Back Service
Gadgets & Software

Pelephone Launches New Flagship Branch: Location and the Cash-Back Service

As part of the launch of an innovative flagship branch in a central location, the company is offering a unique service that allows customers of any carrier to trade in old smartphones for direct payment to their bank account.

Aug 10, 2026
11:17ICE
35% Jump and Large Dividends: Partner Cuts Debt in Half
Markets

35% Jump and Large Dividends: Partner Cuts Debt in Half

Despite competition and war-related challenges, Partner reports a dramatic reduction in net financial debt to 128 million shekels and a positive net gain in television subscribers for the first time in four years. All data is based on financial reports.

Aug 8, 2026
After the reports: Bezeq to distribute 515 million shekels to shareholders
Markets

After the reports: Bezeq to distribute 515 million shekels to shareholders

Bezeq finished a successful quarter and will distribute 515 million shekels to shareholders: 415 million shekels in cash and 100 million shekels through a share buyback.

Aug 6, 2026
15:09Globes
Hot Mobile CEO Ilan Brok to Step Down Following Acquisition
Career

Hot Mobile CEO Ilan Brok to Step Down Following Acquisition

After seven years as CEO of Hot Mobile, Ilan Brok has announced his resignation. He will remain in his role until the sale of the company to Delek Israel, Keystone, and Bank Leumi is finalized. During his tenure, the company surpassed 2 million subscribers and achieved significant growth in revenue and profitability.

06:20N12
HOT Demanded 1,000 Shekels from a Customer Who Disconnected 11 Years Ago
Consumer

HOT Demanded 1,000 Shekels from a Customer Who Disconnected 11 Years Ago

Nitzan Kidar terminated her contract in 2015, yet HOT kept her registered as a subscriber until 2024. Following an inquiry by mako, the company canceled the debt claim.

Aug 5, 2026
Competition Authority approves sale of Hot Mobile at a valuation of 1.8 billion shekels
Markets

Competition Authority approves sale of Hot Mobile at a valuation of 1.8 billion shekels

The Competition Authority has approved the sale of Hot Mobile. The deal now awaits final approval from the Ministry of Communications, which is currently reviewing the merger.

09:42Globes
Bezeq: Comparative net profit jumped 38% in the second quarter; company to distribute 500 million shekels in dividends
Markets

Bezeq: Comparative net profit jumped 38% in the second quarter; company to distribute 500 million shekels in dividends

The group's core revenues — excluding telephony at Bezeq Fixed-Line, cellular services at Pelephone, private customers at Bezeq International, and revenues from Bezeq Online — amounted to approximately 2.03 billion shekels, an increase of about 4%. Total revenues rose by 1.4% to approximately 2.17 billion shekels.

08:57ICE
Bezeq Reports Strong Growth in Q2 2026 Financial Results
Markets

Bezeq Reports Strong Growth in Q2 2026 Financial Results

Bezeq published its Q2 2026 results: core revenues rose by 4% to 2.03 billion shekels, and net profit jumped by 38% to 315 million shekels. The company announced a 515 million shekel distribution.

Aug 2, 2026
19:33ICE
Cellcom in trouble: Attempt to disconnect leads to hundreds of shekels in fines
Consumer

Cellcom in trouble: Attempt to disconnect leads to hundreds of shekels in fines

A customer requesting contract termination faced an unexplained rate hike and bureaucratic hurdles. Upon returning her equipment, she discovered that a series of technical failures had resulted in an Execution Office file being opened against her.

1000 Gigabits Per Second: Who Is Ready for 6G? A 2030 Forecast
Science

1000 Gigabits Per Second: Who Is Ready for 6G? A 2030 Forecast

The race for the terabit is on: while 5G is still spreading globally, researchers are already developing 6G. This new technology promises speeds of 1 Tbps and near-zero latency, but faces significant physical and infrastructure challenges.

Aug 1, 2026
A major deal for Partner: Providing communications infrastructure for the Gush Dan congestion charge project
Markets

A major deal for Partner: Providing communications infrastructure for the Gush Dan congestion charge project

Partner has been selected by the Electra group to build and operate the communications infrastructure for the Gush Dan congestion charge project, set to launch in 2028. The company estimates that the agreement will generate tens of millions of shekels in revenue over the two-decade operating period.

Jul 24, 2026
15:35Walla
A New Middle East: Israel as a Digital "Silk Road"
Tech

A New Middle East: Israel as a Digital "Silk Road"

Israel is becoming a key node on the global digital map, connecting Europe and Asia through an optical cable network. How is the AI revolution changing infrastructure requirements, and why is Bezeq planning to become a global player in this field? We discussed the future of network technologies with Tomer Raved, chairman of the Bezeq group.

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