Golan Telecom considering tie-up with Rami Levy Communications?

15 Jun 2018

Israeli mobile network operator (MNO) Golan Telecom and local MVNO Rami Levy Communications are understood to have held preliminary talks regarding either a possible joint venture, or the former moving to purchase the latter. According to Haaretz, participants in the discussions included Golan CEO Gil Sharon, executives of the Electra group, which owns Golan through its consumer products division, and Rami Levy Communications’ controlling shareholder Rami Levy. The report notes that should a merger deal be agreed, another of the nation’s MNOs – Bezeq subsidiary Pelephone – could be the big loser; as the current network host for Rami Levy Communications’ 200,000 subscribers, the loss of revenue from these customers should they be moved to Golan’s infrastructure would be notable for Pelephone. In response to the rumoured discussions, Rami Levy Communications was cited as saying that it had done nothing it was required to report, while Golan denied any talks had taken place.

Israel, Golan Telecom, Pelephone, Rami Levy Communications