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Bezeq International executives refuse to repay bonuses - report

Published 08 Apr 2021 10:24 CET | Israel

Current and former CEOs and vice-presidents of Bezeq Israel unit Bezeq International are refusing to return bonuses paid on the basis of financial results that turn out to ...

Hot upgrades subscribers to 500 Mbps at no extra cost, offers 1 Gbps on IBC network

Published 07 Apr 2021 11:22 CET | Israel

Israeli operator Hot Telecom has embarked on deploying its fibre-optic cable network and is upgrading existing subscribers to 500 Mbps internet at no cost, Globes reported. ...

Partner Communications CEO plans to resign

Published 06 Apr 2021 09:45 CET | Israel

Israeli operator Partner Communications says its CEO Isaac Benbenisti has notified the board of his intention to resign after nearly six years in office. The board said it ...

Facebook faces Israeli lawsuit for alleged fraud in acquisition of Servicefriend

Published 02 Apr 2021 13:10 CET | Israel

The founder of Israeli startup Servicefriend Shahar Ben-Ami has filed a lawsuit at Tel Aviv Labour Court against Facebook for allegedly acting fraudulently and with an ...

Kaltura's IPO postponed due to low demand - report

Published 02 Apr 2021 12:40 CET | Israel, World

Israeli video cloud management firm Kaltura has postponed its initial public offering (IPO) on Nasdaq due to weak demand, Globes reported citing sources familiar with the ...

Bezeq International to demand repayment of executive bonuses

Published 31 Mar 2021 15:34 CET | Israel

Bezeq Israel unit Bezeq International will demand the return of millions of shekels by current and former CEOs and vice presidents who received bonuses from the company on ...

Microsoft plans to invest over USD 1 bln in Israel

Published 31 Mar 2021 15:22 CET | Israel

Microsoft is in talks to expand its activity in Israel and to invest USD 1 billion there, Globes reported.  The company is already committed to setting up a data centre in ...

Bezeq approves plans to overhaul structure of subsidiaries for synergy gains

Published 26 Mar 2021 10:58 CET | Israel

Israeli operator Bezeq and its subsidiaries Bezeq International, Pelephone Communication and Yes have agreed to examine the prospect for improving synergies and operational ...

Partner Communications revenues fall 3% in Q4

Published 25 Mar 2021 15:03 CET | Israel

For the full year, revenues  decreased by 1 percent to ILS 3.19 billion. The adjusted EBITDA declined by 4 percent to ILS 822 million. As a percentage of total revenues, ...

Bezeq Q4 revenue little changed, FY revenue drops more than 2%

Published 25 Mar 2021 11:14 CET | Israel

Israeli operator Bezeq said revenue remained unchanged at ILS 2.20 billion in the fourth quarter ended 31 December 2020, in line with the same quarter of 2019. Revenues for ...

Israel mulls another 5G frequency tender in late 2021

Published 24 Mar 2021 10:05 CET | Israel

Israel is preparing for another tender for more 5G mobile frequencies as soon as late 2021, Reuters reported. Incentives such as government grants will be provided to mobile ...

Vulcan Cyber obtains USD 21 mln in series B funding

Published 22 Mar 2021 14:35 CET | Israel

Israeli company Vulcan Cyber has announced the completion of a USD 21 million series B financing round led by Dawn Capital with participation from Wipro Ventures and existing ...

Amdocs in talks to transfer intellectual property to Israel

Published 19 Mar 2021 10:47 CET | Israel

IT business systems company Amdocs is in talks with the Israel Tax Authority about transferring the company's intellectual property to Israel in exchange for tax benefits, ...

Continual joins 5G Open Innovation Lab

Published 19 Mar 2021 10:42 CET | Israel, World

Israel-based Continual, provider of cloud-based analytics for connected car and subscriber mobility, announced that it has become a member of the 5G Open Innovation Lab, as ...

NTT to invest in Israeli start-ups with OurCrowd

Published 16 Mar 2021 16:16 CET | Israel, Japan

NTT Finance, the core financial company in the NTT Group, announced an agreement to establish a new investment company in Israel. It will work with OurCrowd, a venture ...

Partner Communication has more than 500,000 homes connected to fibre

Published 15 Mar 2021 11:29 CET | Israel

Israeli operator Partner Communications says the number of fibre infrastructure subscribers which provides home browsing at speeds of up to 1 Gbps, launched in August 2017, ...

Bezeq launches fibre-optic service

Published 15 Mar 2021 09:59 CET | Israel

Bezeq Israel has launched its fibre optic network and is offering two new broadband speeds of 600 Mbps (uploads at 60 Mbps) at ILS 109 per month and 1 Gbps (uploads 100 Mbps) ...

Cellcom Israel picks Broadpeak Multicast ABR system for multiscreen video delivery

Published 09 Mar 2021 11:11 CET | Israel

Broadpeak, a provider of content delivery network (CDN) and video streaming services, said that Cellcom Israel has upgraded its Cellcom TV service with a new multiscreen ...

Hot launches 500 Mbps broadband services

Published 04 Mar 2021 12:55 CET | Israel

Israeli operator Hot Telecom announced the launch of services on its fibre-optic network. It will publish in the coming days prices for its new packages with broadband speeds ...

Avaya powers remote working at Israel's social security call centre

Published 04 Mar 2021 12:39 CET | Israel

Avaya said it has enabled Israel's Social Security Administration to successfully adopt remote work capabilities, expand contact centre operations, and double the number of ...

Bezeq Israel sells property to Azrieli Group for ILS 180 mln

Published 03 Mar 2021 10:23 CET | Israel

Israeli operator Bezeq said it has reached an agreement to sell real estate on 8 Harakevet Street in Tel Aviv to the Azrieli Group for a total of ILS 180 million. The asset ...

Bezeq set to launch fibre-optic services to households

Published 26 Feb 2021 10:54 CET | Israel

Bezeq Israel has contacted the country's ISPs and told them that it will soon be launching its fibre optic service, Globes reported, citing sources. Bezeq is asking ISPs to ...

Partner Communications receives several bids for 20% of fibre networks use rights for over ILS 550 mln

Published 22 Feb 2021 11:05 CET | Israel

Israeli operator Partner Communications said it has received several bids from various investors to acquire 20 percent of the rights to use the company's existing and future ...

Israel's First International Bank launches new digital wallet service

Published 18 Feb 2021 12:50 CET | Israel

Israel's First International Bank of Israel has announced the launch of a new payment service: digital wallet FibiPay. The digital wallet allows the bank's customers to make ...

Spacecom signs new satellite contract with Israeli government

Published 17 Feb 2021 09:57 CET | Israel

The Israeli government has signed a USD 26 million service agreement with Spacecom as part of efforts to expand its ties with the satellite operator, Globes reported. The new ...

 

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