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November 30, 2015 12:20 PM ET

Wireless Telecommunication Services

Company Overview of Pelephone Communications LTD.

Company Overview

Pelephone Communications LTD. provides cellular/mobile communication services in Israel. Its business customers include government ministries and state employees, health maintenance organizations, insurance companies, and more. The company was incorporated in 1985 and is based in Givatayim, Israel. As of August 27, 2004, Pelephone Communications LTD. operates as a subsidiary of Bezeq The Israel Telecommunication Corporation Limited.

33 Itzhak Rabin Road

P.O. Box: 62036

Givatayim,  53483


Founded in 1985


972 3 572 8999


972 3 572 8000

Key Executives for Pelephone Communications LTD.

Chief Executive Officer
Age: 47
Chief Financial Officer
Vice President of Operation & Logistics
Vice President and General Counsel
Vice President of Engineering & Technology
Compensation as of Fiscal Year 2015.

Pelephone Communications LTD. Key Developments

Pelephone Announces Executive Changes

Bezeq The Israel Telecommunication Corp., Limited announced that Bezeq's board of directors approved the appointment of Bezeq's Deputy CEO, Ran Guron, as CEO of Pelephone. Guron will replace Pelephone's current CEO, Gil Sharon, who announced his resignation. Guron, one of Israel's longest-serving telecom executives, started his career as a marketing director in Cellcom. From there, he moved on to serve as VP of Marketing in Barak Ltd., and in 2006 was appointed VP of Marketing for Bezeq, from where he was then promoted to Deputy CEO of the Company.

Investors Reportedly Eyes Stake In Golan

The sale process for Golan Telecom Ltd. is gaining momentum. Sources inform "Globes" that three other Israeli operators have expressed interest by entering the company's information room: Cellcom Israel Ltd. (TASE:CEL), Pelephone Communications LTD. and HOT Mobile Ltd., Partner Communications Company Ltd. (NasdaqGS:PTNR) has decided not to be a part of the process. Some market sources also believe that Xfone owner Hezi Bezalel is also interested in buying Golan. As part of the process, companies interested in acquiring Golan Telecom have been asked to appoint a 'clean team" of external advisors, that are not employees, as a requirement before entering the information room. The interested parties appointed teams comprising lawyers, economists, and consultants to check out the information and present their conclusions. Golan is swapping drafts with lawyers and the target is for bids to be made by the end of the month.

Pelephone Communications Ltd.'s Workers’ Organization Imposes Various Sanctions Interfering with Portion of its Activity

Pelephone Communications Ltd.'s (“Pelephone”) announced that Pelephone's workers’ organization (the “workers’ committee”) had imposed various sanctions which are interfering with a portion of Pelephone’s activity. Pelephone rejects the workers’ committee’s claims against it, and last month held several meetings with representatives of the workers’ committee, in which it provided a detailed response to the claims raised by the workers’ committee. In the evening hours of September 3, 2015, Pelephone turned to the regional labor court for temporary relief to halt the sanctions and prevent further interference with its activity. A hearing was held on the Motion on September 4, 2015, at the conclusion of which the parties accepted the labor court’s proposal to continue intensive court-supervised negotiations and to refrain from taking any other action. A date for reporting by the parties and the court’s review was set for September 13, 2015.

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