The Jerusalem PostEconomy
HOT Mobile Acquired by Delek Israel, Keystone, Leumi Partners for NIS 1.88 Billion
Summarized from The Jerusalem Post by baba
Center-rightNeutral tone
Plus
HOT Mobile has been sold for approximately NIS 1.88 billion to Delek Israel, Keystone, and Leumi Partners. The HOT Group stated the sale aligns with its strategy to focus on core operations after 15 years leading the mobile market.
The story in 5 lines · by baba
- HOT Mobile sold for NIS 1.88 billion to Delek Israel, Keystone, Leumi Partners.
- Tal Granot, HOT Group CEO, called it a sale at the company's peak.
- The deal includes mobile, TV, and internet services.
- HOT Mobile led the Israeli mobile market for 15 years.
- The sale supports HOT Group's focus on core operations.
The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link at the top of the page.
Mentioned
