{"id":974540,"date":"2025-11-18T07:38:34","date_gmt":"2025-11-18T02:08:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=974540"},"modified":"2025-11-18T07:50:50","modified_gmt":"2025-11-18T02:20:50","slug":"israels-bezeq-unit-signs-mou-to-buy-rival-from-altice-for-652-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/18\/israels-bezeq-unit-signs-mou-to-buy-rival-from-altice-for-652-million\/","title":{"rendered":"Israel&#8217;s Bezeq unit signs MOU to buy rival from Altice for $652 million"},"content":{"rendered":"<p>JERUSALEM: Bezeq Israel Telecom said on Monday its mobile unit Pelephone signed a preliminary deal to buy all of rival HOT Mobile for 2.1 billion shekels ($652 million) in cash from Patrick Drahi&#8217;s Altice International. <\/p>\n<p>Bezeq, Israel&#8217;s largest telecoms group, said in a regulatory filing to the Tel Aviv Stock Exchange that signing the non-binding memorandum of understanding gives Pelephone 45 days to conduct due diligence and work towards a purchase agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JERUSALEM: Bezeq Israel Telecom said on Monday its mobile unit Pelephone signed a preliminary deal to buy all of rival HOT Mobile for 2.1 billion shekels ($652 million) in cash from Patrick Drahi&#8217;s Altice International. Bezeq, Israel&#8217;s largest telecoms group, said in a regulatory filing to the Tel Aviv Stock Exchange that signing the non-binding memorandum of understanding gives Pelephone 45 days to conduct due diligence and work towards a purchase agreement.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-974540","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=974540"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974540\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=974540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=974540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=974540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}