Supermarket chain Rami Levi to receive MVNO license

Rami Levi will become the fourth company to receive an MVNO license.

Sources inform ''Globes'' that Minister of Communications Moshe Kahlon will shortly issue a mobile virtual network operator (MVNO) license to independent supermarket Rami Levi Chain Stores Hashikma Marketing 2006 Ltd. (TASE:RMLI), controlled by Rami Levi. The company has not made any official announcement on the matter.

Rami Levi will become the fourth company to receive an MVNO license, following New Hamashbir Lazarchan Ltd. (TASE:MSZB) unit 365 Telecom Ltd., Free Telecom Ltd., and Ituran Location and Control Ltd. (Nasdaq:ITRN); TASE:ITRN) unit Ituran Cellular Communication Ltd.

Nine applications for MVNO licenses have been submitted to the Ministry of Communications to date, including by Israel Postal Company Ltd., Bynet Communications Ltd., and DIY chain Home Center.

When Rami Levi submitted the application in August, he told "Globes", "My goal is to be everywhere where I can do good and benefit my customers. Today, the Israeli family's second largest expenditure after food is communications. In the food sector, Rami Levi Hashikma helps hundreds of thousands of families improve their quality of life. In cellular too, I can contribute and help my customers. This will also ultimately help my company."

Published by Globes [online], Israel business news - www.globes-online.com - on September 6, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters