TeleGeography Logo

Barak ownership to change

25 May 2005

Clal Industries, owned by Nochi Dankner’s IDB Group, will increase its stake in Israeli telco Barak from 44% to 95% by contributing more than USD32 million to the restructuring of the telco’s debt. As part of the changes international communication services company Dial, which had owned 46% of Barak, will cease to be a shareholder.

Israel

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.

TeleGeography

TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.