Internet Gold Points To ILD As Main Growth Driver

November 2006 | Company Finance Alert

In 2005, the Israeil telecommunications market was worth US$5.3bn, according to the country's Ministry of Communications (MoC). Of this total, 50% derived from the mobile market at US$2.7bn, while the remainder derived from fixed-line & data (US$1.2bn), channel TV (US$0.7bn), international long distance (US$0.7bn) and internet (US$0.3bn) markets. It is within the non-mobile markets that Internet Gold has sought to dominate, with the operator set to add domestic fixed-line calling to its product portfolio through the acquisition of a 60% stake in 012 Golden Lines, to be completed later this year. Internet Gold already offers international telephony, internet and ADSL

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