Communication

The new Minister of Transportation, Miri Regev, met earlier today (Sunday) with senior officials of the Ministry of Transportation and Israel Railways to discuss work on the railroads on Saturday. Regev said that on Shabbat only work related to supervision will be carried out, and asked to present additional solutions to reduce work on the track on Shabbat. Last night, those around the minister also claimed that despite the request of the minister of housing and Torah Judaism chairman Yitzhak Goldknopf to stop the works on Shabbat, they will continue.

Partner will compensate with benefits amounting to an additional three million shekels for a huge glitch in its television broadcasts two years ago: Last week, a request was submitted to the District Court in Tel Aviv to approve a settlement agreement and grant validity of a judgment to the settlement agreement, as part of requests to approve class actions filed in 2021 against the company Partner Communications. In the center of the applications submitted through three different law firms, it is claimed that for several days in January 2021, Partner TV's television services were down for...

Egged announced that it won the public transportation cluster in the area surrounding West Jerusalem. The shares of the Keystone Fund, the controlling shareholder of Aged (60%), rose by 1.2% with the publication of the announcement on the Tel Aviv Stock Exchange. Egged won the Eshkol to operate intercity bus lines between Bnei Brak and Jerusalem, Rosh Ha'Ein to Jerusalem, Petah Tikva to Jerusalem and urban and suburban lines in the western outskirts of Jerusalem (Mebasheret Zion and Givat Ze'ev). The company estimates that the revenues resulting from the operation of the cluster will reach...

Next Friday, July 21, Ness Ziona will join the public transportation service on Friday evenings and Saturdays "Na'im on the weekend" - thus becoming the tenth city to participate. According to data provided by the transportation enterprises on Shabbat and municipalities that operate transportation services on weekends, more than 45 thousand residents Local authorities in the central region only use transportation on Shabbat free of charge every weekend

Partner, a prominent player in the telecommunications sector, showcased its ability to adapt and excel amidst challenging market dynamics, as it reported its financial results for the second quarter of 2023. The company's strategic shift towards premium products and a reduction in debt emerged as key drivers behind its successful performance

In a move that has raised eyebrows and sparked controversy, the Ministry of Finance has submitted a request to the finance committee for substantial budget transfers, totaling hundreds of millions of shekels. The funds are primarily intended to bolster ultra-Orthodox education and yeshivas, along with other religious initiatives

Jerusalem is gearing up for the most complex project in its history, the Blue Line Light Rail project. This groundbreaking initiative will be established using the Public-Private Partnership (PPP) method, and it is set to revolutionize the city's transportation infrastructure

In an urgent response to the impending cessation of insurance coverage by international companies, the Israeli government is set to extend a financial lifeline to El Al and Israel Airlines. The move aims to secure vital insurance against the risks of war, following the recent announcements of international insurers discontinuing their services within seven days

In a significant development within the Israeli communications market, the Fortissimo investment fund is set to acquire a controlling stake in Cellcom, a leading telecommunications company, at an estimated value of NIS 2.6 billion. The strategic move involves Fortissimo purchasing a substantial 36% holding from DSKSH for approximately NIS 925 million

HOT company will receive a discount for using Bezeq infrastructure for laying out optical fibers: the Ministry of Communications published a hearing for public comments, in which it proposes to immediately reduce the use of Bezeq passive infrastructure by telecommunications companies from NIS 446 per kilometer per month to NIS 250 per kilometer per month, a reduction of approx. -44% At the same time, the reduced price charged for access service to passive infrastructure that is in the Timretz area or that is in the infrastructure in an area beyond the Timretz area, NIS 107 per km or NIS...