HOT Mobile to Be Acquired at a Company Valuation of NIS 1.88 Billion

July 2026

Read more about the transaction on: Ynet, Globes, The Marker and Bizportal.

We are pleased to have represented HOT Telecommunication Systems, together with its controlling shareholder, the Altice Group, in the sale of HOT Mobile to a consortium comprising Delek Retail, Keystone Infrastructure Fund, and Leumi Partners, at a company valuation of approximately NIS 1.88 billion.

The EBN legal team that advised HOT Telecommunication Systems and Altice in this significant transaction included Doni ToledanoIrina (Iris) KushelAlon OvadiaRon Ben Shahar, together with Eyal Birenberg (labor law), Lior Etgar and Peter Klibaner (privacy), and Kobi Barkan (IP).

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