B Communications Ltd (BCOM) News

think the company sold out or merged with VPER ---viper

too expensive now...
wait for an in vite

aka santa claus selling time

hey anybody seen TONY ????

bvsn was the one i sold

phone repairs should be done by a housewife with a dull dinner knife

not a klutsy technician

zadarsky constantin aka DON HUTTON

BCOM.... delisted IN the free world

236 trades today......small stuff

the big orders in June are forgiven

schekle woes

pick up some loose trades 2.39 and under



On August 12, 2020, Bezeq’s subsidiary Pelephone Communications Ltd. (“Pelephone”) notified Bezeq that the Tenders Committee of Pelephone received notice of winning a cluster of frequencies, following its participation in a tender for advanced bandwidth cellular services 2019/015 published by the Israeli Ministry of Communications (the “Tender”), as follows:


1.
Pelephone has won 10MHz in the 700MHz frequencies band (for a period of 15 years), 20MHz in the 2600MHz frequencies band (for a period of 10 years), and 100MHz in the 3500MHz frequencies band (for a period of 10 years) (collectively, the “Frequency Allocation”). The license period does not change by virtue of the Tender and can be renewed in accordance with the provisions of the license. The frequencies won by Pelephone are for the exclusive use of the Pelephone network, which will give the Pelephone network a competitive advantage. The Tender was not won by companies that do not own existing networks.


2.
The total cost of Pelephone’s win in the Frequency Allocation is NIS 88,230,000, scheduled for repayment in September 2022. The Tender further stipulates that it will be possible to receive incentives, as detailed in Bezeq’s previous reports, including receiving a conditional grant for the deployment of 5G sites according to the conditions specified in the Tender, the amount of which, for all winners thereof, can reach a total amount of NIS 200 million.

Receipt of a new license in accordance with the result of the win is subject to the approval of the Minister of Communications in accordance with the terms of the Tender.

The Frequency Allocation will enable supporting the increase in 4G browsing volume and will, in the future, offer 5G services at browsing rates much higher than today, which will allow, among other things, expanding the variety of advanced cellular uses, such as smart cities, IOT services, low-latency mission critical services, private networks and more, all in order to provide a competitive solution in the market, which will entail ongoing investments.

BCOM was 60 cents in march covid 19 crisis,

since then ----choppy trading --volatile from 1.49 to 2.49

ITZAK RADER--(sp)new 7-k Feb 13, 2020--ZAGREB and assoc in Beirut sliding from avg 20.00 / share US$4 in April...
New Israeli Shekels approved