Pelephone eyes MIRS

19 Aug 2009

Israeli mobile operator Pelephone, a subsidiary of incumbent Bezeq, plans to make a move to acquire local iDEN operator MIRS Communications, despite opposition from both the Ministry of Communications (MoC) and the Antitrust Authority, Globes Online reports. It is understood that Pelephone is lobbying the MoC for permission to bid for MIRS, arguing that allowing a buyer from outside of the current operators in the sector could reduce the likelihood of an additional new player bidding to create a new network in Israel. Pelephone, and its parent company, view the potential acquisition of MIRS as a means to consolidate its position in the country’s wireless sector. Should Pelephone be successful in obtaining permission to bid it is thought that both Cellcom and Partner will also lobby for the right to acquire MIRS.

Israel, HOT Mobile, Ministry of Communications, Pelephone