Pelephone

Palephone's acquisition of WeCom for 265 million NIS is nearing completion, boosting its market share to 26.5%. Regulatory hurdles involving WeCom's network sharing agreement with Cellcom remain a key challenge.

Pelephone's pre-sale launch of the iPhone Duo in Israel faced a two-hour pricing glitch on Friday, as consumers also express concern over limited stock and delivery delays.

Pelephone launches a new international roaming package for families featuring 50GB of data shared among up to seven users for 299 NIS. The 30-day plan includes calls and SMS.

Ahead of the back-to-school season, Pelephone is launching a massive promotion, offering discounts and gifts on smartphones, tablets, and accessories. The promotion runs until the end of August.

As part of the launch of an innovative flagship branch in a central location, the company is offering a unique service that allows customers of any carrier to trade in old smartphones for direct payment to their bank account.

Bezeq finished a successful quarter and will distribute 515 million shekels to shareholders: 415 million shekels in cash and 100 million shekels through a share buyback.

The group's core revenues — excluding telephony at Bezeq Fixed-Line, cellular services at Pelephone, private customers at Bezeq International, and revenues from Bezeq Online — amounted to approximately 2.03 billion shekels, an increase of about 4%. Total revenues rose by 1.4% to approximately 2.17 billion shekels.