Having Penetrated Israel's Domestic Telephony Market, 012 Smile.Communications Prepares for its Next Goal: Entering Israel's Cel
13 Avril 2008 - 5:51PM
PR Newswire (US)
At a Press Conference Held During a Visit by Israel's Minister of
Communications to the Company's Headquarters CEO Stella Hendler
Presented 012 Smile's Vision and Strategy for Entering Israel's
Cellular Market PETACH TIKVA, Israel, April 13
/PRNewswire-FirstCall/ -- Internet Gold - Golden Lines ltd (NASDAQ
Global Market and TASE: IGLD) announced today that during a visit
of Israel's Minister of Communications, Mr. Ariel Atias, to the
offices of its subsidiary, 012 Smile.Communications Ltd. (NASDAQ
Global Market and TASE: SMLC), 012 Smile's CEO, Ms. Stella Handler,
presented the company's vision and strategy for entering Israel's
cellular market that is based on three primary technologies: -
Virtual cellular services (MVNO-Mobile Virtual Network Operator) -
Mobile WiMAX - Mobile VoB (Voice Over Broadband) solutions:
VoB-over-Cellular and VoB-over-WiFi During the visit, 012 Smile
demonstrated to the Minister of Communications its innovative
solutions, including cellular calls delivered via VoB-over-Cellular
and VoB-over-WiFi technology. Commenting on her presentation, Ms.
Handler said, "Assuming that the Ministry of Communications grants
us the necessary terms and licenses, we believe that we will be
able, by combining MVNO, Mobile WiMAX and Mobile VOB technologies,
to enter Israel's cellular market as a new player, supplying
customers with cellular communications services that are attractive
in terms of price and advanced mobile functionality." About
Internet Gold Internet Gold is one of Israel's leading
communications groups with a major presence across all
Internet-related sectors. Its 72.4% owned subsidiary, 012
Smile.Communications Ltd., is one of Israel's major Internet and
international telephony service providers, and one of the largest
providers of enterprise/IT integration services. Its 100% owned
subsidiary, Smile.Media Ltd., manages a growing portfolio of
Internet portals and e-Commerce sites. Forward-Looking Statements
This press release contains forward-looking statements that are
subject to risks and uncertainties. Factors that could cause actual
results to differ materially from these forward-looking statements
include, but are not limited to, general business conditions in the
industry, changes in the regulatory and legal compliance
environments, the failure to manage growth and other risks detailed
from time to time in Company's filings with the Securities Exchange
Commission. These documents contain and identify other important
factors that could cause actual results to differ materially from
those contained in our projections or forward-looking statements.
Stockholders and other readers are cautioned not to place undue
reliance on these forward- looking statements, which speak only as
of the date on which they are made. We undertake no obligation to
update publicly or revise any forward-looking statement. For
further information, please contact: Mor Dagan - Investor
Relations, / Tel:+972-3-516-7620; Ms. Idit Azulay, Internet Gold, /
Tel: +972 -72-200-3848. DATASOURCE: Internet Gold CONTACT: For
further information, please contact: Mor Dagan - Investor
Relations, / Tel:+972-3-516-7620; Ms. Idit Azulay, Internet Gold, /
Tel: +972-72-200-3848.
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