Interest in the new mobile virtual network operators (MVNO), such as Rami Levy Communications Ltd. and Alon Cellular Ltd., has waned.
Cellcom Israel Ltd., announced today its financial results for the first quarter of 2012. Revenues for the first quarter 2012 totaled NIS 1,585 million ($427 million); EBITDA for the first quarter 2012 totaled NIS 475 million ($128 million), or 30% of total revenues; and net income for the first quarter 2012 totaled NIS 173 million ($47 million). Basic earnings per share for the first quarter 2012 totaled NIS 1.74 ($0.47).
It would be a total surprise if the new mobile carriers are able to maintain their opening prices, announced yesterday, for long. It would be fantastic if they can, but the chances are unlikely.
HOT Telecommunication Systems Ltd. subsidiary HOT Mobile Ltd. – Mirs Communications Ltd. – launched its services today, offering an all-inclusive plan of NIS 89 per month. The announcement follows yesterday’s launch of mobile virtual network operator (MVNO) Alon Cellular Ltd., and this morning’s launch of mobile carrier Golan Telecom Ltd.
The major cellular telephone network operators have recently been feeling the competition breathing down their necks with the entry into the market of so-called MVNO which lease network infrastructure from the major cellular operators rather than owning it themselves.
Telecom company 015 Hallo Ltd. is continuing to cut back and appears to be in a severe crisis from which it may not be able to recover.
The mobile virtual network operator, or MVNO, piggybacks on Cellcom Israel’s infrastructure. This hosting arrangement provides it with chunks of air time for resale to customers under its own brand at slim margins.
The asking price is reportedly NIS 50 million for the company’s long-distance calls activity and an MVNO license. Sources inform “Globes” that, after the storm it has raised in the telecommunications market, the shareholders of Hallo 015 are trying to sell the company.
The MVNO today launched its operations, offering NIS 19 per minute for calls and NIS 0.15 per SMS.
MIND C.T.I. LTD. , a leading provider of convergent end-to-end billing and customer care product based solutions for service providers as well as telecom expense management (call accounting) solutions, today announced the 2nd Israeli MVNO going live on its platform
Pelephone unilaterally cancelled the MVNO agreement, after Hallo unveiled a NIS 99 monthly package for unlimited calls.
International calls carrier 015 Hallo Ltd. launched its mobile virtual network operator (MVNO) service today with an offer never seen before in Israel
Rami Levi Communications, run by supermarkets mogul Rami Levi, is Israel’s first mobile virtual network operator: It has no network infrastructure of its own, and has an agreement to piggyback on the Pelephone cellular network.
MTS Reports Operating Profit of $400,000 and Positive Operating Cash Flow of 1.1 Million for the Full Year
PrepaidMVNO will be in Israel in May, 2012
Long distance carrier “Hallo 015″ and mobile virtual network operator (MVNO) “Five” have merged. The merged company is set to launch activity in the cellular market.
Dai Telecom, a leading provider of in-vehicle cellular equipment and services, today announced Roadstar 3.5G – a 3.5 generation car phone
Barclays Capital is pessimistic about Israel’s telecommunications sector, reiterating its “Negative” rating, although it gives Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) and “Outperform” recommendation.
The company also plans to offer MVNO and internet access services during 2012.
Mind CTI CEO Monica Iancu says cellular companies must pay less for billing services to remain profitable.