Internet Gold Received the Approval From the Anti-Trust Commissioner for the 012-Golden Lines Acquisition
14 December 2006 - 11:01PM
PR Newswire (US)
PETACH TIKVA, Israel, December 14 /PRNewswire-FirstCall/ --
Internet Gold, (NASDAQ NMS and TASE: IGLD) Internet Gold today
announced, that it has received the approval of the Anti-Trust
Commissioner to acquire the full ownership interest in 012-Golden
Lines and to merge it with its fully owned subsidiary
Smile.Communications Ltd. The approval is subject to the purchase
of all Fishman group stocks by Internet Gold. The completion of the
deal is subject, inter alia, to the approval of the Israeli
ministry of communications. About Internet Gold Internet Gold is
Israel's leading IP Group with a major presence across all
Internet-related sectors. Its smile.communications segment offers a
variety of Internet access and related value-added services,
international telephony and enterprise/IT integration services. Its
smile.media segment manages a growing portfolio of Internet portals
and e-Commerce sites. Internet Gold is part of the Eurocom
communications group. Its shares trade on the Nasdaq National
Market and on the Tel Aviv Stock Exchange. For additional
information about Internet Gold, please visit its investors' site
at http://www.igld.com/. Certain statements made herein that use
the words "estimate," "project," "intend," "expect," "believe" and
similar expressions are intended to identify forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements involve known
and unknown risks and uncertainties which could cause the actual
results, performance or achievements of the Company to be
materially different from those which may be expressed or implied
by such statements, including, among others, changes in general
economic and business conditions and specifically, decline in
demand for the Company's services, inability to timely develop and
introduce new technologies, services and applications and loss of
market share and pressure on prices resulting from competition. For
additional information regarding these and other risks and
uncertainties associated with the Company's business, reference is
made to the Company's Annual Report filed with the Securities and
Exchange Commission and its other reports as filed from time to
time with the Securities and Exchange Commission. For further
information, please contact: Lee Roth KCSA Worldwide
+1-212-896-1209 In Israel: Mor Dagan Investor Relations
+972-3-516-7620 Ms. Idit Azulay, Internet Gold +972-3-939-9848
DATASOURCE: Internet Gold CONTACT: For further information, please
contact: Lee Roth, KCSA Worldwide, +1-212-896-1209. In Israel:Mor
Dagan, Investor Relations, +972-3-516-7620. Ms. Idit Azulay,
Internet Gold, +972-3-939-9848,
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