Israel’s smallest mobile network operator by subscribers, MIRS Communications, has inked a deal with Comverse under which the latter will provide its Comverse ONE Billing and Active Customer Management solution, and Comverse VAS next-generation voice, text and multimedia solutions with a view to optimising and leveraging the capabilities of MIRS’ in-deployment UMTS network. The vendor claims that the single-data-model BSS system, which it claims is the first of its kind to be launched in Israel, will ‘simplify work and business processes and upgrade the end-user experience through a broad variety of advanced and innovative services, with a complete and consistent view of users and full billing transparency’.
As previously reported by CommsUpdate, in April 2011 Israel’s Communications Ministry revealed that MIRS had secured 3G licences after offering ILS705 million (USD206 million) for the concession. Hot on the heels of the announcement, French businessman Patrick Drahi, who controls both MIRS and Israeli cableco HOT Telecommunication Systems detailed some of his plans for the new licence. The businessman confirmed that around ILS2 billion will be invested in the development of mobile services, while he also revealed that with the new licence secured the process of merging HOT and MIRS would be pushed forward. More recently, and in line with such aims, in September 2011 it was reported that HOT shareholders had finally approved the acquisition of MIRS Communications. With institutional investors having initially opposed proposals for the deal due to the approximately ILS1 billion price tag affixed to the cellco, it is understood approval came only after the agreement was restructured; under the revised terms of the acquisition HOT will pay ILS500 million cash and ILS450 million in future milestone payments for the cellco.