Pelephone Communications Ltd is a pioneer in the Israeli telecommunication industry. Established in 1986 by Motorola and Tadiran, the company has been a wholly owned subsidiary of "Bezeq," Israel’s largest telecommunication corporation since 2004.
Pelephone is a leader in the mobile sector, serving 2.3 million subscribers and employing 2,300 personnel. It provides cellular communication services in Israel and abroad, catering to diverse market segments including high-tech, banking, aviation, retail, and automobile.
The company prioritizes technological innovation, continuously developing cutting-edge products and collaborating with global tech industry leaders. Notably, Pelephone was recognized in the GSA report as one of the few companies worldwide capable of activating Gigabit LTE download files, utilizing advanced network technologies - Mimo 4X4, QAM, and 256 Carrier Aggregation.
Pelephone has also announced the imminent launch of its 5G network, named 'Pelephone Plus,' already building a network of hundreds of sites to become operational upon receiving the appropriate frequencies. Further information on Pelephone’s 5G network can be found at www.5g-israel.co.il.
Despite the absence of recent investment information, Pelephone's strong position in the Israeli market and dedication to technological excellence presents an intriguing opportunity for potential venture capital involvement.