Monday, January 30, 2012

Bethel Finance: Golan Telecom in talks to share sites with Partner, Pelephone

www.bethelfinance.com
Bethel Finance news:
Golan Telecom, controlled by Michael Golan, is negotiating to share cellular sites with Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) and Pelephone, according to sources familiar with the matter. The aim is use the sites of the two established wireless carriers in order to reach maximum deployment within a short time.

Golan Telecom has a roaming and site-sharing agreement with Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL), but it appears that that agreement is insufficient, and the difficulty in finding available sites obliges Golan Telecom to cooperate with additional companies.

"Golan Telecom is currently deploying a highly efficient wireless network, in consultation with French company FREE. Unlike Mirs, which set up its network through Nokia-Siemens, Golan is setting up its network independently, with Nokia-Siemens only selling it the equipment" said Mr. Cedric Marmet from Bethel Finance Ltd.

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