Free Telecom buys XFone 018 for ILS 330 mln

Wednesday 16 June 2021 | 10:30 CET | News
Israelo telecom operator Xfone 018 Ltd has announced that it is selling its operations to MVNO Free Telecom, which is owned by the Reichman family, Globes reported. The sale follows a dispute between XFone and Cellcom over their continued cooperation. The deal worth ILS 330 million will bring all of Xfone's customers to the Reichman family, which will continue operating Free Telecom under the X2One brand.

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Categories: Mobile & Wireless
Companies: Cellcom Israel / Free Telecom / Xfone
Countries: Israel
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