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Video over cellular co LiveU raises $27m
globes 13-11-2012 Video over cellular co LiveU raises $27m The company’s technology transmitted live TV broadcasts from the London Olympics and US presidential elections. 12 November 12 15:59, Shmulik Shelach Changes in the consumption of content are not just happening at newspapers and websites; it is also happening in live television broadcasts from the field. [...]
Cellcom profit slashed but results beat estimates
Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL), controlled by Discount Investment Corporation (TASE: DISI), reported third quarter results this morning. The mobile telephony company’s revenue fell 13% in comparison with the corresponding quarter of 2011 to NIS 1.448 billion. Net profit plummeted 37.7% to NIS 124 million. On the other hand, the company’s cash flow soared 58% to NIS 414 million.
Israelis’ love of brands returns, despite cost-of-living protests
Although the three major longstanding cellular firms in Israel, Cellcom, Pelephone and Orange, dropped their prices in an effort to stem the exodus, this year’s Market Watch data shows that HOT and Golan’s net promoter scores are higher than the veteran firms. Pelephone, however, showed itself to be better prepared to meet the competition, in part by lowering its prices. It has suffered fewer defections.
MVNO Youphone offers NIS 49 monthly plan
Mobile virtual network operator (MVNO) Youphonetoday launched a NIS 49 plan for light users, after debuting with a NIS 79 monthly unlimited calls plan last month. The plan offers 200 call minutes, 200 SMS messages, and half a gigabyte of Internet access a month. Excess use will cost NIS 0.18 per minute for calls, NIS 0.15 per SMS, and NIS 0.15 per minute of Internet access. These rates are also very low, further improving the plan.
Golan Telecom ordered to open 016 int’l calls to non-subscribers
The Ministry of Communications has ruled the Golan Telecom Ltd.is in breach of the provisions of its license with regard to international calls made by non-subscribers. In a notice to the company, the ministry said that the company’s practice of allowing subscribers who want to make international calls via its 016 prefix was illegal and must be corrected immediately.
Regulator nixes Bezeq-YES triple play
The Antitrust Authority today halted the marketing of a triple-play plan by Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ). As “Globes” reported, a few hours after the Antitrust Authority learned that the Ministry of Communications had allowed Bezeq to market the triple-play plan through its subsidiary DBS Satellite Services (1998) Ltd.(YES), the Antitrust Authority ordered the step to be delayed.
Bezeq Q3 profit down 38%
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) today reported a 14.5% drop in its revenue to NIS 2.49 billion for the third quarter of 2012 from NIS 2.92 billion for the corresponding quarter of 2011. Net profit fell 38% from NIS 550 million to NIS 342 million .
iPhone Trying to Push Itself on Israeli Marketplace
Apple is setting down terms for Israeli cell phone companies interested in selling its new iPhone 5. According to a Yediot Achronot report, each company will have to commit selling 130,000 phones annually for the next three years in order to be eligible to offer the phone to consumers. This quantity represents 50% of total sales of the local cell phone companies.
Microsoft launches game-changing smartphones in Israel
Three important smartphone manufacturers – HTC Corporation, Samsung Electronics and Nokia – announced that in mid-November they will introduce new smartphone models in Israel based on Microsoft’s cellphone operating system Windows Phone 8. Until now, Windows Phone has been completely absent from the Israeli cellphone market. Earlier versions of the operating system were never launched here, primarily because they didn’t support Hebrew.
Israeli cellular providers ask steep prices for latest phone deals
Israeli cellular providers ask steep prices for latest phone deals
The companies no longer subsidize the phone itself: now customers have to pay for it in full.