Israeli operators submit bids for Motorola-owned MIRS
By Dusan Belic on Wednesday, August 12th, 2009 at 11:56 PM PST In General
Two Israeli mobile operators, Cellcom and Partner, have submitted non-binding offers to buy rival network, Motorola (NYSE: MOT)-owned MIRS. We don’t have the figures at this stage as neither company have detailed how much they are offering for the operator. We do, however, know that MIRS has been previously valued at around $300 million.
For the record, MIRS Communications operates an iDEN network and has ended last year with an estimated 441,000 subscribers, representing a market share of just under 5%…
[Via: CellularNews]
