March 19, 2018 6:36 PM ET

Wireless Telecommunication Services

Company Overview of HOT Mobile Ltd.

Company Overview

HOT Mobile Ltd. provides integrated wireless cellular communication services in Israel. It offers services, including dispatch two way radio, mobile intranet and Internet services, SMS, GPS, speaker phone, multimedia, roaming services, photo transmission from handset to handset, police speed trap warning based on GPS, personal information transmission using Vcard, multimedia handset with stills and video films, video graphics adapter camera, and media mail applications. HOT Mobile Ltd. was formerly known as MIRS Communications, Ltd. and changed its name to HOT Mobile Ltd. in May 2012. The company was founded in 1994 and is based in Tel Aviv, Israel. As of December 2011, HOT Mobile Ltd. opera...

3 Totzeret Ha'aretz Street

Tel Aviv,  67891


Founded in 1994


972 3 5658 4343


972 3 609 4588

Key Executives for HOT Mobile Ltd.

Chief Executive Officer
Chief Financial Officer
General Manager and Vice President
Deputy General Manager of Operations
Compensation as of Fiscal Year 2017.

HOT Mobile Ltd. Key Developments

HOT Mobile and Mobile Tornado Signs Cooperation Agreement to Provide PTToC Services to HOT Mobile Customers

HOT Mobile and Mobile Tornado have signed an agreement under which Mobile Tornado will provide its advanced PTToC solutions to HOT Mobile customers in Israel. As part of the agreement, HOT Mobile will offer Mobile Tornado’s Push-To-Talk over Cellular (PTToC) services to customers of its MIRS network as well as other customers with PTT needs. Mobile Tornado’s carrier-grade PTT technology enables PTT over cellular networks and the Internet, enabling individual users as well as large user groups to use push-to-talk (PTT), push-to-locate (PTL), push-to-alert (PTA) and push-to-message (PTM) services. The PTT services are used by government agencies, security organizations, security companies, utilities and infrastructure companies, as well as manufacturing and service companies. Onboarding takes place through the MIRS 4G app, which is also available on Google Play and in the App Store. The app can be installed on smart devices as well as a wide range of rugged devices. The screen will display a dedicated PTT button and as well as an SOS emergency button. In addition to downloading the application, users should sign up for the service via the HOT Mobile business center. In addition to its PTT offering to HOT Mobile customers, Mobile Tornado also provides its Dispatcher that enables call center operators to track users in real time on a map. Users can send text messages, chat with large conference groups of hundreds of users, chat with individual users, record calls and act in case of emergency after receiving a distress signal from a PTT user. The main advantages of switching to PTT over Cellular (PTToC) is the use of one device for all customer needs, including fast Internet browsing and access to applications, while using advanced smartphones - all using HOT Mobile’s advanced and fast 4G cellular network. PTToC enables customers to use the application even in places where there is only Wi-Fi (including abroad).

Two Companies Are Showing Interest In Golan

Golan Telecom Ltd. which is up for sale, says there are two companies showing strong interest in proceeding with a deal, one backed by former Pelephone Communications Chief Executive Officer Gil Sharon and the other by 018 Xfone owner Hezi Bezalel. Both groups have reportedly contacted Rothschild Bank AG, which is handling the sale. It is understood that the two groups had suggested teaming up to buy Golan but have since decided to go it alone. Furthermore, HOT Mobile Ltd. has also shown interest in buying the company, but such a move faces an uphill task if it is to gain regulatory approval, a report from Globes Online suggests.

Hot Mobile Announces Earnings Results for the Second Quarter of 2016

Hot Mobile announced earnings results for the second quarter of 2016. For the quarter, the company reported that although its subscriber base rose to more than 1.335 million and its churn rate fell to 37%, it posted an operating loss of ILS 86 million. Despite the operating losses, Hot Mobile continues the momentum of subscriber recruitment, adding 45,000 in the second quarter. Revenue grew by 11% in comparison with the corresponding quarter, to ILS 251 million.

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