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Golan Telecom agrees to takeover by Cellcom for ILS 590 mln

2020-02-19 08:57:00| Telecompaper Headlines

(Telecompaper) Cellcom Israel said it has entered a binding memorandum of understanding for the purchase of Golan Telecom's entire share capital for ILS 590 million. The agreed deal, subject still to due diligence, sees Golan Telecom rejecting a competing offer from rival Pelephone. 

Tags: ils telecom agrees takeover

 

Pelephone offers ILS 710 mln to acquire Golan Telecom

2020-02-17 11:16:00| Telecompaper Headlines

(Telecompaper) Israeli operator Bezeq said its subsidiary Pelephone Communications has submitted a conditional proposal for the purchase in cash of the entire ownership and control of Golan Telecom for ILS 710 million. Bezeq said this proposal is valid until 15 April and is subject to the fulfillment of various conditions, including signing a binding agreement on terms, if they are agreed, and the approval by the boards of both Pelephone and the company. 

Tags: offers ils telecom acquire

 
 

Motorola Solutions wins USD 765 mln in damages from Hytera over stolen trade secrets

2020-02-17 08:56:00| Telecompaper Headlines

(Telecompaper) Motorola Solutions has been awarded USD 764.6 million in damages in a patent infringement and trade secrets suit against rival Hytera Communications in US federal court. 

Tags: solutions trade usd motorola

 

Smartphone production to fall 12% to 275 mln units in Q1 on Coronavirus - study

2020-02-11 11:55:00| Telecompaper Headlines

(Telecompaper) The virus will affect production in different ways: production will be lower due to the labour-intensive nature of the industry, to China's delay in work resumption and population movement control, and to a reduction in the public's willingness to buy. Another factor will be delays to the delivery of key components. 

Tags: study fall production units

 

Motorola adds new smartphones to portfolio, passes 100 mln moto G phones sold globally

2020-02-10 11:56:00| Telecompaper Headlines

(Telecompaper) Motorola is celebrating 100 million Moto G smartphones sold around the world with the introduction of two new devices in the US and Canada, the Moto G Stylus and Moto G Power. Both feature Android 10, a 6.4-inch Max Vision display, the Qualcomm Snapdragon 665 octa-core processor, 4 GB of RAM, dual stereo speakers and selfie cameras with Quad Pixel technology.

Tags: sold phones portfolio moto

 

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