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April 22, 2015 12:33 AM 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 and President
Age: 51
Chief Financial Officer
Vice President of Operation & Logistics
Vice President and General Counsel
Vice President of Engineering & Technology
Compensation as of Fiscal Year 2014.

Pelephone Communications LTD. Key Developments

Pelephone Announces Earnings Results for Fourth Quarter and Full Year Ended December 31, 2014

Pelephone announced earnings results for fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of ILS 835 million, operating profit of ILS 74 million, EBITDA of ILS 184 million, net profit of ILS 59 million, cash flows from operating activities of ILS 158 million compared to the total revenues of ILS 983 million, operating profit of ILS 76 million, EBITDA of ILS 188 million, net profit of ILS 67 million, cash flows from operating activities of ILS 327 million for the same quarter a year ago. For the year, the company reported total revenues of ILS 3,419 million, operating profit of ILS 449 million, EBITDA of ILS 879 million, net profit of ILS 373 million, cash flows from operating activities of ILS 1,213 million compared to the total revenues of ILS 3,809 million, operating profit of ILS 608 million, EBITDA of ILS 1,065 million, net profit of ILS 521 million, cash flows from operating activities of ILS 1,591 million for the previous year.

Dismissal of Class Action against Pelephone Communications Ltd

Further to the, The Israel Telecommunication Corp. Ltd.'s immediate report of July 21, 2008, regarding a class action and certification motion filed with the Tel Aviv District Court against the subsidiary, Pelephone Communications Ltd., on grounds that it overcharged Pelephone subscribers for various reasons, presumably in contravention of Pelephone's license, the company's hereby provides notification that on August 17, 2014, the company was notified by Pelephone of a ruling rendered on the same day dismissing the certification motion.

Pelephone Communications Ltd. Announces Earnings Results for the Second Quarter of 2014

Pelephone Communications Ltd. announced earnings results for the second quarter of 2014. For the period revenue decreased 2.4% sequentially to ILS 622 million compared with ILS 696 million in the corresponding quarter of 2013, a decrease of 10.6%. Profit rose 0.8% sequentially to ILS 127 million compared with ILS 186 million in the corresponding quarter of 2013, a decrease of 31.7%.

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