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Moto sells its Israeli net to cable television company HOT

Moto sells its Israeli net to cable television company HOT

We’ve already talked about Motorola’s plans to sell its Israeli mobile net – Mirs Communication, and we said Partner Communications is seen as a potential buyer for the stage business. All the speculations are now definitely over as Motorola (New York Stock Exchange: MOT) has agreed to sell its iDEN-based aircraft carrier to the local anesthetic cable television TV hustler HOT for $170 1000000 in immediate payment. The dealing has been made by Cool Holding, French people businessman Saint Patrick Drahi’s investiture fomite, which holds a 44% stake in HOT.

According to reports, Drahi is interested in combination Mirs and HOT to create a challenger to the Israeli fixed-line officeholder – Bezeq.

For the record, Mirst is State of Israel’s smallest mobile net, with 582,000 connections at the end of the third stern of 2009. That figure gave the troupe a 6% market share…

[Via: GSMA]

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