Cellcom to acquire Golan Telecom for USD 300.9 million
Q. Cellcom, Israel’s biggest mobile phone provider has made the agreement to acquire which rival company on November 6th, 2015?- Published on 09 Nov 15a. Bezek
b. Alvarion
c. Axerra Networks
d. Golan Telecom
ANSWER: Golan Telecom
Israel’s largest mobile phone provider, Cellcom has made the agreement for acquiring upstart rival Golan Telecom for USD 300.9 million. Golan is owned by Xavier Niel and Michael Golan and is one of the 4 network operators in Israel apart from Cellcom. It has initiated operations in 2012 introducing affordable prices and has close to 900,000 customers.
