Key Developments For 012 Smile.Communications Ltd.
012 Smile.Communications Ltd. (SMLC.O) (Consolidated Issue listed on NASDAQ Global Market)
Ampal-American Israel Corporation's Subsidiary To Purchase Business Of 012 Smile.Communications Ltd. For Approximately $318 Million
Ampal-American Israel Corporation announced that a wholly owned subsidiary of Ampal, has signed an agreement with 012 Smile.Communications Ltd. to purchase the current on-going business of 012 for 1.2 Billion New Israeli Shekels, or approximately $318 Million.
Court Settles A Dispute Between NetVision Ltd. And 012Smile.Communications Ltd.
NetVision Ltd. And 012Smile.Communications Ltd. announced that court order has settled a dispute between the two on an obligation of 012Smile.Communications Ltd. to NetVision Ltd. to acquire a few international data cables from Israel to different destinations in Europe and the United States. The Court ordered 012Smile.Communications Ltd. to pay NetVision Ltd. the sum of USD 1 million plus tax and cancelled the commitment between the companies.
012 Smile.Communications Ltd. Announces Repurchase Of Share
012 Smile.Communications Ltd. announced that its Board of Directors has authorized the repurchase of up to $10 million of the Company's ordinary shares (approximately NIS 38 million). The purchases will be made from time to time by the Company, or other corporation controlled by the Company, in the open market on the NASDAQ Global Market and the Tel Aviv Stock Exchange.
012 Smile.Communications Ltd. Deploys WiFi Networks in Five of Israeli Clalit Health Fund's Hospitals
012 Smile.Communications Ltd. announced that it has completed an extensive WiFi infrastructure project valued at several million shekels for Israel's Clalit Healthcare system. The Company planned and deployed hospital-wide wireless Internet access networks for five of Clalit's hospitals.
012 Smile.Communications Ltd. Wins Israel Post's WiFi Hotspot Tender
012 Smile.Communications Ltd. announced that it has won a significant tender which set the terms under which the Company will deploy the network and then provide and support a wide range of broadband-based services on a 24x7 basis.
