July 28, 2014 12:28 AM ET

Wireless Telecommunication Services

Company Overview of Pelephone Communications Ltd.

Company Overview

Pelephone Communications Ltd., a mobile communications company, provides cellular communications, multimedia, and content services to business customers and students in Israel. Its services include digital CDMA and 3rd generation services, including Internet surfing, cellular TV, data transfer, and digital music library services; business services comprising SMS messages, cellular reminders, cellular modem cards, smartphone units, managing car fleets, managing field representatives, cellular time clocks, and remote control and supervision; high-speed GSM services; and international roaming. The company’s business customers include government ministries and state employees, health maintenance...

33 Itzhak Rabin Road

Givatayim,  53483

Israel

Founded in 1986

Phone:

972 3 572 8999

Fax:

972 3 572 8000

Key Executives for Pelephone Communications Ltd.

Chief Executive Officer
Age: 51
Chief Financial Officer
Vice President of Operation & Logistics
Vice President and General Counsel
Vice President of Engineering & Technology
Compensation as of Fiscal Year 2014.

Pelephone Communications Ltd. Key Developments

Pelephone Communications Ltd. Announces Settlement with Petitioners

Bezeq - The Israel Telecommunication Corp. Ltd. announced that a claim and a class certification motion filed with the Tel Aviv District Court against the subsidiary, Pelephone Communications Ltd. on grounds that Pelephone falsely represented to the public that it provided browsing services on its network at the high speed available, while the actual browsing speed was lower than indicated, the company hereby provides notification that on June 16, 2014, the company was notified by Pelephone that a ruling has been rendered in the file on the same day, approving a settlement between Pelephone and the petitioners at a cost of approximately NIS 4.5 million to Pelephone.

Cellcom Israel Ltd. and Pelephone Communications Ltd. in Talks on Network Sharing Agreement

Cellcom Israel Ltd. and Pelephone Communications Ltd. announced that they have opened talks on a new network sharing agreement that will be submitted to the Ministry of Communications and the Antitrust Authority for approval. The new agreement will be based on the Ministry of Communications' policy statement, which states that it is prepared to consider full network sharing between the carriers, except for sharing frequencies. Network sharing does not distinguish between 2G, 3G, and 4G, and therefore creates an opportunity for major restructuring in the mobile industry. The policy statement explicitly states that the carriers can share all network components except for frequencies. This means that they can greatly reduce the number of sites for all technologies, not just 4G, theoretically saving hundreds or even thousands of antennas nationwide. The policy statement allows many areas of sharing by the carriers. In general, they can divide Israel into two, promising each other roaming. Alternatively, they can optimize antennas and make new plans for deploying antennas and sharing costs.

Pelephone Communications Ltd. and L.M. Ericsson Israel Ltd. Sign Agreement for LTE Network Services

Pelephone Communications Ltd. has signed an agreement with L.M. Ericsson Israel Ltd. for the upgrade of the network center to support LTE, for the purchase and installation of radio equipment and for adjustments to the network to enable it to support LTE and to launch a fourth generation network with LTE technology in Israel. The equipment to be provided to Pelephone will also support the LTE Advanced technology (4.5 generation). The agreement includes, among other matters, Ericsson's undertaking to supply the majority of the equipment immediately. Pelephone expects to be prepared to launch the LTE network that will cover hundreds of sites in the Dan Region and Jerusalem within approximately three months.

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