Rami Levy to add international calls with 015 Hallo acquisition

Israeli mobile virtual network operator (MVNO) Rami Levi Communications is to enhance the range of services it offers, with Globes Online reporting that it is to jointly acquire international calls provider Hilat The Israel Communication Company, which operates under the 015 Hallo banner. According to the news source, with 015 Hallo facing financial difficulties, it is understood that Rami Levi Communications will partner with NGN Holdings to acquire the operator, and in-principle approval for the ILS1.6 million (USD401,000) deal has reportedly been given by a local court already. Under the terms of the acquisition Rami Levi Communications will control of 60% of the joint company set up by it and NGN Holdings for the for the purpose of the acquisition, with the latter holding the remaining stake

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OVETEL Rami Levy to add international calls with 015 Hallo acquisition