Front > TELECOMS, MEDIA & MARKETING

TELECOMS, MEDIA & MARKETING

Patrick Drahi  credit: Reuters/Violeta Santos Moura Blavatnik picks Patrick Drahi as partner in Reshet 13

Drahi, whose holding company Altice is in severe financial difficulties, will initially buy 15% of the channel, rising to 75% in a $40-50 million deal.

Dyson vacuum cleaners credit:  Shutterstock Fox to open Dyson store, distribute products in Israel

In its first foray into the electrical goods sector Fox will have exclusive rights to import and distribute Dyson products in Israel.

Army Radio credit: Einat Levron Supreme Court suspends closure of Army Radio

The cabinet will now be required to justify why the closure of Army radio should not be annulled.

Yochananof branch  credit: PR Yochananof buys into Binyamina land for commercial center

Yochahnanof is paying NIS 17 million for 30% of the rights in the land on which it intends to build a commercial center to compete with the Mall Zichron Shopping Center.

Apple logo  credit: Shutterstock/Moab Republic Apple buys Israeli startup Q.ai

The deal is reportedly worth $2 billion. Q.ai is a developer of solutions for improving audio interactions in difficult environments.

Impression of new power plant at Eshkol site in Ashdod  credit: Dalia Energy Dalia Energy plans fiber optic cable from Ashdod to Europe

The company will combine a new power plant, a server farm, and high speed communications at its Eshkol site.

PayPal headquarters  credit Shutterstock PayPal buying Israeli startup Cymbio

Market sources estimate the acquisition price for the dropship automation company at $150-200 million.

Wiz CEO Assaf Rappaport credit: Omer Hacohen Assaf Rappaport consortium mulls buying Channel 13

A consortium of tech entrepreneurs acting privately, and not on behalf of their companies, is considering buying the company from Len Blavatnik.

Work on submarine cable in Zeeland, The Netherlands  credit: Shutterstock Int'l fiber optic project delays put Israel at risk

Four projects meant to connect Europe and Asia via Israel are being hampered by both external and local obstacles.

Delek Israel chairman Avi Levy and Hot owner Patrick Drahi credit: PR, Studio Alterego Hot Mobile accepts NIS 1.88b Delek Israel bid

Delek Israel has received an exclusive period of 60 days to complete due diligence and sign a binding agreement to buy Hot Mobile.

Delek Israel chairperson Avi Levy credit: PR Pelephone, Delek Israel up bids for Hot Mobile

Both companies have set a deadline of this Thursday for Hot Mobile parent company Altice to sign a binding sale agreement.

Jumbo Greece branch  credit: Daniel Batash Fox opening Jumbo Greece store in Rishon LeZion

Fox Wizel is rapidly expanding the activity of the Greek retail chain in Israel, and holds the franchise for Canada as well.

Rami Levy  credit: Jonathan Bloom Rami Levy looks to banking

The supermarket chain’s finance unit is seeking a license to provide payments services, which would allow customers to hold digital current accounts.

Wix offices  credit: Yossi Cohen Wix "back to the office" move provokes stormy debate

Some see the move leading to massive loss of talent, while others argue that it expresses the company's ethos.

Zehavit Cohen credit: Rami Zarnegar Former controlling shareholder Apax reduces Max Stock stake

The Israeli discount retail chain is now left without a controlling shareholder.

Delek Israel CEO Avi Levy credit: PR Delek Israel eyes Hot Mobile acquisition

The company identifies a synergistic opportunity in Hot Mobile and the communications industry.

HBO Max credit: Shutterstock HBO Max to launch in Israel this month

The basic plan in Israel will cost NIS 50 per month and the premium package will cost NIS 65 per month.

i24NEWS credit: screenshot Amid Altice turmoil i24NEWS has uncertain future

The Israeli news channel faces cuts and chaos despite being taken over by the Drahi family, as ratings fail to take off.

Bezeq chairperson Tomer Raved B Communications distributing NIS 2.8b to shareholders

The main beneficiaries are Searchlight Capital and David Fuhrer.

The planned Tivon Tech Park credit: Oillin Nvidia to pay NIS 90m for Kiryat Tivon site

A deal for the land on which Nvidia will build its new Israel campus is expected to be signed within the coming days.

Accel CEO and cofounder Ronen Shor credit: Accel Accel Solutions buys Starlight and Nextwave for NIS 90m

Since the telecom products company listed on the TASE in 2020, it has made 14 acquisitions.

Tailor Brands founders Gal Shlesinger, Tom Lahat, Yali Saar, Nadav Shatz, Yonatan Pesses  credit: MNG The logo designers taking over US company registration

As AI shrinks employment, Tailor Brands has reinvented itself as a one-stop paperwork shop for people setting up their own businesses.

Minister of Finance Bezalel Smotrich  credit: Miri Shimonovich Smotrich publishes order doubling personal imports tax exemption

Knesset Finance Committee chairperson Hanoch Milwidsky: This is a classic example of destructive election economics.

Playtika IPO on Nasdaq credit: PR Playtika shedding yet more employees

The layoffs are estimated at 20% of the headcount at the end of 2024. The mobile games company is profitable, but struggling to grow.

Bezeq Building  credit: Chen Kalifa Levi - Aerial Photography Fuhrer and Searchlight selling Bezeq shares for $650m

After the sale, the Israeli telecom company will have no controlling core.

Pelephone CEO Ilan Sigal credit: Rami Zarnegar Pelephone signs MOU for acquisition of Hot Mobile

Bezeq unit Pelephone has agreed to buy Hot Mobile for NIS 2.1 billion, subject to due diligence and regulatory approvals.

Pelephone CEO Ilan Sigal credit: Rami Zarnager Pelephone raises offer for Hot Mobile

The Bezeq unit has raised its offer for Hot Mobile after reports that Gil Sharon and institutional bodies will be submitting an offer.

Bezeq CEO Nir David  credit: Elad Gutman Yes revaluation boosts Bezeq's results

The television broadcaster is now valued at NIS 480 million. Bezeq has reached 2.9 million households connected to fiber-optic cable.

Minister of Communications Shlomo Karhi   credit: Danny Shem-Tov, Knesset Spokesperson's Office Knesset passes first reading of controversial broadcast reform bill

Critics say the bill is vague and unclear and could increase government control over broadcast content.

Eitan Yochananof  credit: Geva Talmor Retail chain Yochananof buys land to grow own produce

The company has bought 107 dunams of agricultural land in Ness Tziona.

Micro-dramas credit: Shortical screen shot Israelis adapt Chinese micro-series concept for the West

Gaming producers and entrepreneurs in Israel are seizing the opportunity to gain a foothold in a huge potential market.

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