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Golan Telecom

Golan Telecom is an Israeli mobile virtual network operator providing cellular telephone, internet, and related telecommunications services to residential and business customers.^[1] Founded in partnership between Israeli entrepreneur Michael Golan and French telecommunications executive Xavier Niel, the company received a license and commenced operations in 2012 as the fifth entrant in Israel's previously oligopolistic cellular market.^[2]^[3] Golan Telecom disrupted the sector by pioneering low-cost "all-inclusive" packages featuring unlimited domestic calls, SMS, and data allowances, which ignited a sustained price war and compelled established providers to reduce tariffs significantly.^[1]^[4] In 2020, following multiple prior attempts thwarted by antitrust concerns, Golan Telecom was acquired by market leader Cellcom Israel for approximately 345 million shekels, with the deal approved under conditions to preserve competition, allowing the brand to continue operating as a distinct entity.^[5]^[6]^[7]

History

Founding and Market Entry

Golan Telecom was founded in 2010 by Michael Golan, a French-Israeli entrepreneur originally named Michaël Boukobza who immigrated to Israel in 2007, and his business partner Xavier Niel, a French telecommunications magnate.^[8]^[2] The company aimed to enter Israel's mobile market, which at the time was dominated by four major operators: Cellcom, Partner, Pelephone, and HOT Mobile.^[1] The firm secured a cellular license from the Israeli Ministry of Communications and launched commercial services in May 2012 as the fifth mobile virtual network operator (MVNO) in the country, initially utilizing Partner's infrastructure through a network sharing agreement.^[9]^[2] Golan Telecom disrupted the market from inception by offering flat-rate unlimited plans at significantly lower prices than incumbents, such as a NIS 49 monthly package including calls, texts, and data, which ignited a price war and pressured competitors to reduce tariffs.^[9]^[1] By late 2012, it had acquired approximately 150,000 subscribers, establishing a foothold in a highly concentrated sector.^[9]

Growth Phase

Following market entry in 2012, Golan Telecom rapidly expanded its subscriber base through aggressive low-cost pricing, attracting customers dissatisfied with established operators' higher tariffs. By December 2013, the company had added 134,000 net new subscribers for the year, reaching a total of approximately 380,000 customers.^[10]^[11] This growth continued into 2014, when Golan Telecom captured nearly 10% of the Israeli mobile market share, compelling incumbents to lower prices in response.^[12] In September 2013 alone, Golan Telecom led all operators by recruiting 8,813 net new subscribers, contributing to 30,553 additions in the third quarter. By mid-2015, its customer base had swelled to 800,000 subscribers, with first-half revenues reaching 500 million shekels (approximately USD 130 million).^[13]^[14] The firm's model, emphasizing unlimited calls and data at flat low rates, proved viable, with CEO Michael Golan stating in January 2015 that even its NIS 25 monthly package generated profits, underscoring operational efficiencies amid expansion.^[15] This phase solidified Golan Telecom's position as a disruptor, fostering broader market competition initiated by regulatory reforms under Communications Minister Moshe Kahlon (2009–2013), which facilitated new entrants like Golan and Hot Mobile. Subscriber growth stabilized around 900,000 by the late 2010s, reflecting sustained appeal among price-sensitive consumers before facing profitability pressures from rivals' responses.^[16]^[17]^[1]

Pre-Acquisition Challenges

In the mid-2010s, Golan Telecom grappled with intensifying financial pressures stemming from its low-price disruption strategy, which, while initially capturing market share, proved unsustainable amid rising operational costs and fierce competition from established operators. By early 2016, the company recorded a net operating loss of 6 million shekels in the first quarter, highlighting the erosion of margins in a market where aggressive tariffs had slashed average revenue per user across the sector.^[18]^[19] Subscriber churn accelerated, with Golan losing a net 70,000 customers in 2016 alone, as customers migrated to rivals amid perceptions of service inconsistencies and market uncertainty.^[19]^[20] This decline compounded cash flow strains, particularly as the firm operated as a full mobile network operator with spectrum obligations but limited scale to amortize infrastructure investments efficiently. A major flashpoint was a protracted debt dispute with Cellcom, to which Golan owed approximately 600 million shekels ($156 million) for national roaming and network access services; Cellcom initiated liquidation proceedings against Golan in November 2016, citing non-payment and alleging breaches of prior agreements.^[21]^[22] Efforts to resolve via merger failed when Israel's Antitrust Authority rejected a proposed Cellcom-Golan tie-up in April 2016, determining it would unduly reduce competition and risk price hikes for consumers despite the operators' arguments for consolidation to cut redundant costs.^[23] These intertwined issues—chronic undercapitalization, legal entanglements, and regulatory hurdles—underscored the vulnerabilities of Golan's model as a late entrant reliant on upending incumbents without equivalent economies of scale, ultimately forcing contingency planning for divestiture.^[19]^[24]

Network Infrastructure

Technological Foundation

Golan Telecom operates as a full mobile network operator (MNO) in Israel, maintaining its own communications infrastructure, proprietary technology platforms, and information systems to support core network functions, billing, and customer management.^[25] This setup distinguishes it from pure mobile virtual network operators (MVNOs) by enabling direct control over radio access network (RAN) elements, including base stations and spectrum utilization, rather than relying solely on wholesale access from incumbents.^[25] The company's technological base originated with a 3G license awarded in 2011, facilitating deployment of an HSPA+ network primarily in the 2100 MHz band to deliver high-speed data and voice services upon commercial launch in 2012.^[26] To optimize rollout costs and coverage, Golan entered a tower-sharing agreement with Partner Communications in September 2013, allowing co-location of antennas and equipment on existing sites while preserving operational independence.^[27] Expansion to 4G LTE began with a network-sharing pact alongside Cellcom and Pelephone, encompassing active RAN elements and passive infrastructure like towers and cabling, announced in early 2015 to accelerate deployment.^[28] Complementing this, Golan secured 5 MHz of paired spectrum in the 1800 MHz band during Israel's January 2015 LTE auction, enabling proprietary LTE services with initial speeds supporting advanced multimedia.^[8] Subsequent upgrades integrated LTE-Advanced capabilities through these shared and owned assets, forming the backbone for broadband mobility before 5G integration post-2020.^[2]

Coverage and Expansion

Golan Telecom launched mobile services in Israel in May 2012, initially relying on national roaming agreements and infrastructure access from incumbent operators like Cellcom to provide nationwide coverage without its own extensive physical network.^[29] This approach enabled rapid market entry while the company invested in building independent infrastructure, including base stations supplied through agreements with equipment providers. By September 2013, Golan Telecom had deployed 708 cellular antennas across the country, representing a significant step in establishing its own network footprint compared to the over 1,480 antennas operated by each of the three established providers at the time.^[30] The company petitioned regulatory authorities for extensions on antenna permit exemptions to accelerate further site installations, citing competitive disadvantages in coverage rollout.^[30] To optimize expansion costs and speed, particularly for advanced networks, Golan Telecom entered sharing agreements with Cellcom and Pelephone in the mid-2010s, covering passive site elements and active 4G infrastructure, which facilitated broader geographic reach without full duplication of towers and backhaul.^[28] These partnerships supplemented Golan's proprietary deployments, enabling coverage in urban hubs such as Tel Aviv, Jerusalem, Haifa, and Beersheba, alongside rural and peripheral regions.^[3] User-driven mapping data and performance reports by 2020 confirmed Golan Telecom's achievement of extensive national coverage, with 4G availability metrics reaching approximately 70.2%—comparable to major competitors and indicative of reliable service across most populated areas.^[31] Ongoing infrastructure investments prior to its 2020 acquisition by Cellcom further densified sites to support growing subscriber demands in high-traffic zones.^[1]

Upgrades to 4G and 5G

Golan Telecom initially accessed 4G LTE services through a 15-year network sharing agreement signed in 2014 with Cellcom and Pelephone, enabling the construction and operation of a shared LTE radio network to provide high-speed mobile broadband.^[32]^[28] This arrangement followed Israel's 4G spectrum auction in early 2015, where Golan benefited from cost-sharing on passive infrastructure like cell sites alongside Cellcom.^[33] By supporting compatible handsets, Golan extended LTE/4G connectivity to customers without initially deploying full independent infrastructure.^[34] Subsequent expansions included deployment of LTE on the 1800 MHz band as part of Golan's transition to greater self-reliance in network operations.^[35] In 2024, Golan activated LTE Band 28 (700 MHz APT) to enhance coverage in rural and indoor areas.^[2] Following Cellcom's acquisition of Golan Telecom, completed in late August 2020, Golan customers integrated into Cellcom's licenses and infrastructure, facilitating 5G access without separate spectrum bids.^[36]^[37] Commercial 5G services became available in Israel from September 2020, with Golan promoting nationwide coverage in most areas shortly thereafter, contingent on compatible devices and subscription packages.^[38]^[39]^[40] Customers can add 5G to eligible plans for an additional NIS 9.90 monthly fee, with service limited to Cellcom's expanding 5G zones, including major cities and surrounding regions via 5G Pro technology.^[41]^[42] As of 2023, Golan's offerings explicitly include 5G surfing up to package data limits, such as 500 GB in select plans.^[43] Independent coverage mapping confirms 5G presence alongside 4G in urban and populated zones, though full nationwide rollout aligns with Cellcom's ongoing infrastructure upgrades.^[44]^[2]

Business Model and Services

Pricing Strategy and Market Disruption

Golan Telecom entered the Israeli mobile market in May 2012 as the fifth operator, employing an aggressive low-price strategy modeled after disruptive tactics used by its founder Michael Golan in France. The company launched with a base plan offering unlimited calls, SMS, and up to 2 gigabytes of mobile internet for NIS 99 per month, significantly undercutting the prevailing tariffs of established incumbents like Cellcom and Partner, which often exceeded NIS 150 for comparable services.^[45]^[29] This approach prioritized rapid customer acquisition over short-term profitability, enabling Golan to capture market share in a sector previously characterized by high barriers and oligopolistic pricing.^[12] By November 2012, Golan further intensified disruption with a promotional unlimited calls and internet plan priced at NIS 49 per month for new subscribers porting numbers before January 2013, explicitly aimed at "breaking the market" to benefit consumers, as stated by CEO Michael Golan.^[9]^[46] This pricing forced competitors to slash rates across the board, contributing to a broader regulatory push for competition that reduced average mobile bills by over 50% within three years of entry.^[16] However, analysts noted the model's unsustainability, as it eroded industry revenues and led to capital expenditure strains for new entrants reliant on leased infrastructure.^[47] The strategy's impact extended to business segments, with Golan introducing enterprise plans at NIS 25 per line monthly (excluding VAT) in January 2015, targeting medium and large firms to expand beyond residential users. Sustained low tariffs helped Golan maintain leadership in net subscriber additions through 2015, pressuring incumbents' average revenue per user (ARPU) and prompting industry-wide consolidation debates.^[48] While effective in democratizing access—Golan's own site credits it with sparking a "revolution" in cellular affordability—the approach highlighted trade-offs, including thinner margins that later fueled acquisition interest amid ongoing price wars.^[1]

Service Offerings and Customer Base

Golan Telecom provides mobile cellular services as a virtual network operator in Israel, offering prepaid and postpaid plans that include unlimited calls and SMS within the country, along with substantial data packages typically ranging from 300 GB to 550 GB per billing cycle.^[37] These plans often bundle international calling minutes, such as 240 minutes for entry-level options or up to 500 minutes for higher tiers, with validity periods extending to 12 months.^[37] Business-oriented packages emphasize high-data usage, providing access to 5G networks on compatible devices, up to 1,000 GB of surfing data, and calls to 57 countries limited to 500 minutes monthly.^[49] Supplementary offerings include roaming packages for approximately 200 countries at reduced rates, data add-ons for additional capacity, and security features like Golan CyberSafe for mobile device protection.^[25] ^[50] Premium services exclude certain costs, such as calls to emergency lines like the Home Front Command (104) or support hotlines, which remain free.^[51] Following the 2020 acquisition by Cellcom, Golan's services operate under Cellcom's licenses as of December 2023, maintaining the brand's focus on affordable mobile connectivity without expansion into fixed-line broadband or television.^[37] The customer base primarily comprises price-sensitive residential users and small-to-medium businesses seeking cost-effective alternatives to established incumbents, driving rapid subscriber acquisition after the 2011 market entry.^[52] Within months of launch in 2012, Golan amassed over 50,000 subscribers through aggressive low-price strategies.^[52] By July 2012, this figure exceeded 80,000, with a significant portion porting numbers from competitors, reflecting appeal among consumers prioritizing value over premium features.^[53] Post-acquisition integration has preserved the segment's orientation toward budget-conscious mobile users, though exact current subscriber counts under Cellcom remain undisclosed in public filings.^[54]

Regulatory and Legal Issues

Mobile Number Portability Disputes

In May 2012, shortly after commencing operations, Golan Telecom accused Israel's established mobile carriers—Cellcom, Partner Communications, and Pelephone—of imposing procedural difficulties that hindered subscribers from porting their numbers to the new entrant. Golan claimed these obstacles delayed transfers and frustrated customer switches amid its aggressive low-price strategy, which had attracted significant interest. The Ministry of Communications intervened to mediate the "mobility spat," directing the carriers to streamline the process while investigating the complaints.^[55] Pelephone responded that Golan Telecom had violated required subscriber verification protocols, justifying delays in approving port-outs until compliance was confirmed, as mandated under Israel's number portability regulations implemented since 2008. This back-and-forth highlighted tensions between the low-cost disruptor and incumbents, with Pelephone reportedly suspending porting requests to Golan for several days that month, exacerbating customer complaints. The ministry's involvement aimed to enforce timely portability, typically required within one business day, to prevent anti-competitive barriers in the newly liberalized market.^[55] By August 2012, Golan escalated concerns over business customers, alleging veteran carriers refused to port numbers for hundreds of thousands of lines tied to corporate family plans, effectively blocking switches for bundled services. The company petitioned Communications Minister Moshe Kahlon for urgent intervention, arguing this violated portability rules designed to foster competition following the 2010 cellular reform. Kahlon's office reviewed the claims, pressuring incumbents to comply, though no formal fines were immediately imposed; the episode underscored ongoing frictions as Golan captured over 500,000 subscribers within its first year despite such hurdles.^[56]

Antitrust Scrutiny and Merger Attempts

In April 2016, Israel's Antitrust Authority rejected a proposed merger between Cellcom Israel, the country's largest mobile operator, and Golan Telecom, determining that the combination would substantially lessen competition in the cellular market by reducing the number of significant operators and eliminating Golan's role as a disruptive low-price competitor.^[23]^[17] The authority's analysis highlighted that Golan, which entered the market in 2012 following regulatory reforms aimed at increasing competition, had pressured incumbents like Cellcom to lower prices through aggressive discounting, and the merger—valued at approximately 1.17 billion shekels—would likely reverse these gains by enabling coordinated pricing and reduced incentives for innovation.^[57]^[58] The decision followed an initial agreement announced in late 2015, which included network-sharing provisions to address infrastructure overlaps, but regulators viewed the full merger as anticompetitive despite these elements, prioritizing the preservation of four major operators (Cellcom, Partner, HOT Mobile, and Golan) over consolidation to two dominant players alongside smaller entities.^[59] Golan Telecom responded by petitioning Israel's High Court of Justice in September 2016 for an injunction to halt the block, arguing that the authority's assessment undervalued the merger's potential efficiencies and ignored evolving market dynamics, though the court did not overturn the ruling, preventing the deal from advancing.^[60] Separate scrutiny arose in early 2017 when the Antitrust Authority requested internal communications regarding Electra Consumer Products' acquisition of Golan Telecom from its founder, focusing on potential impacts on competition in related consumer goods sectors, though no formal investigation or block ensued, and the deal closed with Electra gaining majority control.^[61] These episodes underscored broader regulatory concerns about Golan's positioning as a challenger, with authorities emphasizing empirical evidence of its price-disruptive effects—such as halving average tariffs since 2012—while rejecting arguments that mergers could yield net consumer benefits without structural remedies.^[62]

Acquisition and Current Status

2016 Failed Acquisition Bid

In November 2015, Cellcom Israel Ltd., the largest mobile operator in Israel, announced an agreement to acquire 100% of Golan Telecom for 1.17 billion shekels (approximately $300 million at the time), aiming to consolidate its market position amid Golan's growing competition in low-cost services.^[63] The deal required regulatory approval from the Israeli Antitrust Authority, which initiated a review to assess potential impacts on competition in the concentrated cellular market, where four main operators dominated.^[23] On April 12, 2016, the Antitrust Authority rejected the merger, determining that it would significantly reduce competition by eliminating Golan Telecom as an independent low-price challenger, potentially leading to higher tariffs for consumers in a market already criticized for elevated costs relative to international benchmarks.^[23]^[5] The decision aligned with broader regulatory efforts to maintain at least four viable operators to foster price discipline, following Golan's disruptive entry in 2012 that had driven down average mobile bills by over 60%.^[7] The blockage prompted immediate fallout, including Golan's financial strain from accumulated debts exceeding 600 million shekels and subscriber losses amid uncertainty, while Cellcom pursued legal remedies such as demanding breach-of-contract compensation and, by late 2016, initiating liquidation proceedings against Golan over unpaid roaming fees tied to interim agreements.^[64]^[65] Cellcom indicated plans to appeal the antitrust ruling, but the effort did not succeed, preserving Golan's independence temporarily despite its vulnerabilities.^[64] This episode underscored regulatory prioritization of competitive structure over short-term financial stability in Israel's telecom sector.^[66]

2020 Cellcom Acquisition

In February 2020, Cellcom Israel Ltd. announced an agreement to acquire Golan Telecom Ltd. for a total consideration of approximately NIS 545 million (about $161 million at the time), including the assumption of Golan's debt of around NIS 132 million.^[67]^[68] The deal structure involved an initial payment of NIS 413 million upon closing, with the remaining NIS 177 million payable in installments over three years, subject to performance-based adjustments.^[69]^[70] This acquisition followed Golan's financial difficulties and a prior failed bid by Cellcom in 2015, positioning the move as a strategic consolidation in Israel's competitive mobile market, where Golan had disrupted incumbents with low-cost offerings since 2012.^[67] The Israeli Competition Authority approved the transaction on June 10, 2020, after reviewing potential antitrust concerns, determining that it would not substantially lessen competition despite Cellcom's increased market share.^[5] Conditions included commitments to maintain service levels and avoid predatory pricing, reflecting regulatory efforts to preserve consumer benefits from Golan's entry as a low-price challenger.^[71] Cellcom stated the purchase would enhance its portfolio with Golan's budget-oriented brand, targeting cost-sensitive customers while leveraging synergies in network infrastructure and operations.^[67] The acquisition closed on August 26, 2020, integrating Golan's approximately 700,000 subscribers into Cellcom's operations and solidifying Cellcom as Israel's largest mobile operator by market share.^[6]^[72] Post-closing, Cellcom committed to retaining the Golan brand and its independent operations to sustain competitive dynamics, amid ongoing industry pressures from rivals Partner Communications and Hot Mobile.^[73]^[71] The deal was financed through a mix of equity and debt, aligning with Cellcom's strategy to counter declining average revenue per user in a saturated market.^[74]

Post-Acquisition Developments

Following its acquisition by Cellcom Israel Ltd. in August 2020, Golan Telecom operated as a wholly owned subsidiary and distinct brand within Cellcom's Cellular Communications Segment, maintaining its focus on competitive pricing for residential and business customers while leveraging Cellcom's infrastructure.^[75] The acquisition enhanced Cellcom's market share to approximately 32%, with Golan contributing to a combined subscriber base of 3.614 million by December 31, 2024.^[75] Golan's original mobile network operator (MNO) license was converted to a mobile virtual network operator (MVNO) license on an interim basis, supported by a pre-existing network-sharing agreement with Cellcom dating to April 2017 and updated in March 2022 for a 10-year term (potentially reducible to seven years), enabling shared access to 4G and 5G infrastructure.^[76]^[75] In November 2022, following the 76th Amendment to the Communications Law effective October 2, 2022, Golan transitioned from licensed operations to registration on the Ministry of Communications' registry, aligning with broader regulatory shifts in Israel's telecom sector.^[75] By December 24, 2023, Golan's cellular and international services were fully provided under Cellcom's licenses, marking deeper operational integration while preserving the Golan brand for market differentiation.^[37] Cellcom extended Golan's allocated spectrum (2x5 MHz in the 1800 MHz band) through December 31, 2025, or until the shutdown of Israel's 3G networks, supporting continuity amid national plans to phase out legacy technologies by end-2025.^[75]^[77] Golan Telecom played a strategic role in Cellcom's expansion efforts, including a August 2021 bid of ILS 65 million for the assets of rival Xfone, submitted through Golan to navigate competitive dynamics in Israel's consolidating mobile market.^[78] Leadership saw Nadav Amsalem appointed CEO on May 23, 2022, with a monthly salary of NIS 77,800 plus benefits, serving until his departure on July 15, 2024; no successor details were publicly specified in Cellcom's disclosures.^[75] Financially, Golan recorded a profit of NIS 42 million in 2024, amid segment-wide revenues of NIS 2,950 million and adjusted EBITDA of NIS 873 million, with Cellcom charging Golan NIS 2 million in management fees.^[75] Regulatory challenges included Golan's October 2021 administrative motion and May 2023 High Court petition contesting a NIS 59 million repayment obligation to the state for prior subsidies; both were dismissed in June 2024.^[75] Golan employees were covered under a new collective bargaining agreement signed March 11, 2024, effective through 2026, providing salary increases of 3% in 2024 and 3.5% in 2025-2026, plus performance bonuses.^[75] As of December 31, 2024, Cellcom held NIS 352 million in loans and capital notes to Golan, including a NIS 102 million CPI-linked loan and NIS 250 million interest-free notes redeemable no earlier than September 2025.^[75] Golan's intangible assets, including customer relationships and brand value, stood at NIS 55 million, amortized over 10-16 years.^[75]

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Barclays: HOT Telcom, Golan Mobile miscalculated - Globes English
Sep 20, 2012 · and Golan Telecom Ltd. miscalculated in launching unlimited plans ... coverage and use national roaming agreements to supplement ...
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Golan Telecom maintains new subscriber lead in July - Globes English
Aug 2, 2015 · The Israeli mobile operator market remains as competitive as ever, with Golan Telecom using low prices to retain its customers.<|separator|>
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221 - חבילה עסקית - אנגלית | Golan Telecom - גולן טלקום
In Israel: 5G surfing! (for eligible devices only); Calls; *SMS; Surfing up to 1000GB; Calls to 57 countries up to 500 minutes per month; My international ...
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Services and Content | Golan Telecom - גולן טלקום
Services and Content ; Golan CyberSafe. Advanced cyber security for your mobile device. More Info ; Data Add Ons. Supersize your data package for just some small ...Missing: offerings | Show results with:offerings
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Rates | Golan Telecom - גולן טלקום
Tariffs of International Calls (from your Golan Telecom handset in Israel - Abroad) · The tariffs are in NIS per minute (including VAT). Charging units are per ...Missing: coverage | Show results with:coverage
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Golan Telecom reaches 50000 subscribers - Globes English - גלובס
Jun 5, 2012 · Golan Telecom Ltd. today announced that it has recruited more than 50,000 subscribers, three weeks after launch. "Since the launch of our two ...
[54]
Upstart Golan Counts 80,000 Users - Business - Haaretz.com
Jul 5, 2012 · Only 36,000 Golan subscribers have kept their their numbers from their previous cellular company - these figures are open to the public. Until ...
[55]
Golan Telecom 2025 Company Profile - PitchBook
When was Golan Telecom founded? Golan Telecom was founded in 2012. Where is Golan Telecom headquartered? Golan Telecom is headquartered in Tel Aviv, Israel.
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Ministry intervenes in Golan Telecom mobility spat - Globes English
May 24, 2012 · Newcomer Golan accused the established carriers of putting difficulties in the way of subscribers seeking to transfer to it.
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Golan Telecom: Carriers blocking switch by business customers
Aug 12, 2012 · The new carrier claims that veteran carriers are refusing to transfer hundreds of thousands of customers who joined the family plans of business ...
[58]
PM, Antitrust Authority nix Cellcom-Golan merger - Globes English
Apr 12, 2016 · Analysis by the Israel Antitrust Authority shows that the merger will reduce competition in the cellular market.
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Antitrust Authority blocks Golan-Cellcom merger | The Jerusalem Post
Apr 13, 2016 · Golan and Hot both entered the market following a major cellular reform led by then-communications minister Moshe Kahlon.Missing: challenges acquisition
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Israel: Antitrust Authority blocks Golan-Cellcom merger - PYMNTS.com
Apr 12, 2016 · The Antitrust Authority on Tuesday blocked a proposed merger between Golan Telecom and Cellcom, arguing that joining the companies would ...
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Golan Telecom launches surprising court bid over blocked Cellcom ...
Sep 5, 2016 · Golan Telecom has petitioned Israel's High Court of Justice to issue an injunction against the government's blocking of its planned merger ...
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Israel: Antitrust body asks for e-mails on Golan, Electra deal
Feb 15, 2017 · The authority is demanding to see e-mail correspondence between Electra Consumer and Sharon. No investigation is involved yet, and the authority ...
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[PDF] Annual Report on Competition Policy Developments in Israel
Nov 28, 2017 · and Golan Telecom Ltd, two competing mobile telephone operators and a merger between Electra-Bar, a company that produces water dispensers, and ...
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Cellcom Israel to buy Golan Telecom for €277M - Fierce Network
Nov 5, 2015 · Cellcom Israel agreed to buy 100 per cent of the shares in Golan Telecom for ILS 1.17 billion (€276.6 million/$301 million), ...
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Cellcom Said to Plan Appeal of Blocked Golan Telecom Merger
Dec 1, 2016 · ... Golan has failed to pay 600 million shekels in debt. Analysts have predicted price increases if Cellcom can succeed in swallowing Golan. In ...Missing: bid | Show results with:bid
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Cellcom Asks Court to Liquidate Rival Golan Telecom Over $156 ...
Nov 30, 2016 · Golan, which has put itself up for sale, has not only failed to repay its debt but hasn't been fully covering its current obligation either.Missing: MNP | Show results with:MNP
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Merger Control in Israel - Lexology
Sep 3, 2018 · For example, in April 2016 the Israeli Antitrust Authority (IAA) announced its objection to a merger between telecoms companies Cellcom and ...<|control11|><|separator|>
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Cellcom Israel Ltd. Announces Agreement To Purchase Golan ...
The acquisition of Golan Telecom will allow us to add a low-cost brand to our portfolio, and I'm confident that Cellcom's management will be able to ...
[69]
Israel's Cellcom Reaches Deal to Buy Rival Golan Telecom - Business
Feb 19, 2020 · As part of the deal, Cellcom will reportedly forgive 130 million shekels ($38 million) of debt Golan owes it for use of its network. Cellcom ...Missing: acquisition | Show results with:acquisition
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Cellcom set for Golan Telecom acquisition
Feb 19, 2020 · With this announcement, Cellcom appears to have won out against a rival bid by Bezeq to acquire Golan Telecom for ILS710 million. Bezeq was ...
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Cellcom to acquire rival Golan Telecom for NIS 590 million
Feb 18, 2020 · ($207m.). Established in 2012, Golan Telecom has been a subsidiary of Electra Consumer Products since April 2017. Avi Gabbay, chief executive ...Missing: merger | Show results with:merger
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Cellcom's acquisition of Golan Telecom still leaves fierce ...
Aug 27, 2020 · It seems that Golan Telecom will remain as a separate entity, albeit controlled by Cellcom. The authority said it also looked at the issue of ...Missing: controversies | Show results with:controversies<|control11|><|separator|>
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Cellcom completes Golan Telecom acquisition - Mobile World Live
Aug 27, 2020 · Cellcom's efforts to acquire Golan Telecom date back to 2015 when the proposal was met with government resistance. 0 Comments ...Missing: history | Show results with:history
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Dynamica Communications Chain Stores Ltd completed the ...
Aug 25, 2020 · Dynamica Communications Chain Stores Ltd completed the acquisition of Golan Telecom Ltd. from Electra Consumer Products Ltd and others for ...
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Consolidation in Israel as Cellcom buys Golan Telecom
Golan Telecom is a relative newcomer to the market, having launched services in 2012 as a disruptive, value player. It is owned by French businessman Michael ...
[76]
[PDF] Cellcom-Israel-Ltd.-Periodic-Report-for-2024-1.pdf
development of the Group's average income from cellular subscribers (after ... Golan Telecom Ltd., Golan Telecom. International. Ltd.;. Golan. Tal.
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Cellcom Israel Announces Conclusion of Golan Telecom Purchase
Aug 26, 2020 · Golan's MNO license changed to MVNO, indicating regulatory challenges. Ongoing financial dispute regarding benefits could impact Golan's ...Missing: pre- 2016
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Israel to close GSM and 3G networks by end-2025
Nov 5, 2021 · On the consumer side, spending on telecoms services and devices is under pressure from the financial effect of large-scale job losses and the ...
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Partner latest to make buyout offer for Xfone - Telecoms
Aug 27, 2021 · The cause of conflict appears to have been Cellcom's acquisition of Golan Telecom this time last year, which Xfone claimed violated the ...<|control11|><|separator|>