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IDF to monitor cell phones of defense officials and career officers
Private phone conversations could soon become a thing of the past for defense officials and career officers in the Israel Defense Forces. As of tomorrow, the IDF will start monitoring their phone calls in an effort to prevent classified information from being leaked.
The IDF will replace tens of thousands of phones as part of a Military Intelligence drive to monitor cellphone conversations and activities. Instead of the phones defense officials and officers currently use, which are on the Mirs network, they will be receiving new smartphones operated by Cellcom.
Harel Finance downgrades Bezeq
arel Finance Ltd. today jumped on the bandwagon of cutting the target price for Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ), because of weak results, two days before the company publishes its financial report for the second quarter. Harel Finance analyst Rami Rosen expects Bezeq to report a net profit of NIS 423 million on NIS 2.54 billion revenue for the quarter. It expects mobile subsidiary Pelephone Communications Ltd. to show a further erosion in profitability and weak results by DBS Satellite Services (1998) Ltd. (YES).
Rosen says, “Ahead of the financial report
المخابرات الاسرائيلية تتنصت على مكالمات المحمول لكبار الضباط
ذكرت صحيفة هارتس الاسرائيلية على موقعها الالكتروني مساء اليوم الاثنين المخابرات الاسرائيلية سوف تشرف على مراقبة الاتصالات والمكالمات الهاتفية على الاجهزة الخليوية لكبار الضباط في الجيش
Cellcom cuts company car perks
ources inform ”Globes” that mobile carrier Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) has notified managers to pay NIS 650 a month for their company cars. The measure will not affect employees or managers who work in the field, but only managers who have company cars as a perk.
Cellcom said, “Like other companies, Cellcom is seeking to cut car and fuel costs, in view of the sharp rise in travel costs in recent months. The company has therefore decided that a limited group of managers will bear the minimum payment for participating in car costs. The company makes it clear that field workers in service, sales, technicians, and so forth, will not bear the monthly vehicle participation cost.”
Cellcom’s share price rose 4.5% by mid-afternoon on the TASE today to NIS 21.89, after rising 2.3% in New York yesterday to $5.26, giving a market cap of $523 million.
Bezeq launches Israel’s first public Wi-Fi service
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) today launched Bezeq Free Wi-Fi, a public Wi-Fi service, the first service of its kind in Israel. The new service gives Bezeq customers free unlimited Internet access from smartphones, tablets, and laptops away from home.
UBS sees telephony prices falling further
UBS analyst Roni Biron today cut his target prices for Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ), Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL), and Orange franchisee Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR), but he reiterated his “Buy” recommendation for all three carriers.
Cellular carriers ordered to block roaming to Arab operators
The Ministry of Communications has ordered cellular carriers to block roaming to cellular operators in neighboring countries for subscribers who have not requested such a service. The regulation will take effect within three months.
Midroog cuts Bezeq bond rating one grade
Midroog Ltd. today cut its ratings for Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) bonds one grade from Aa1 to Aa2, but raised its outlook from “Negative” to “Stable”. The downgrade affects the company’s four bond series, 5 through 8.
Midroog says, “The downgrade reflects the materialization of the forecast increase in Bezeq’s financial debt and the slowdown in the debt coverage ratio, partly because of the distribution of the special NIS 3 billion dividend in 2011-13 (about half of which has already been distributed), beyond the company’s policy to distribute all its profits as an annual dividend. The downgrade also reflects a rise in risk in the sector and the realization of the main risks in the communications sector on the competition and regulatory side, which have a negative effect on the company’s financial profile.”
Partner offers 3 unlimited lines at NIS 270 a month
Orange franchisee Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) today launched its Clear Unlimited plan for three lines at NIS 270 a month, offering unlimited calls and SMS, 1 giga Internet access, and unlimited international calls to 42 destinations.
The plan is designed for families and small businesses, provided that there is a single payer. The price is valid for one year, when it will rise to NIS 298 a month.
New mobile operators reach 140,000 subscribers
Two months after competition in Israel’s mobile phone sector was ignited by the entry of Golan Telecom Ltd. and HOT Mobile Ltd., a special “Globes” survey reveals the latest figures from Israel’s mobile phone market.