Pod Save America Hosts Call on Democrats to Cut All Israel Military Aid, No Longer Accept AIPAC Funding
Jews, Israelis Targeted in Austria Amid Surge in Antisemitic Incidents; Local Jewish Community Calls for Action
‘All of Our Strength’: Over 1,000 Pro-Israel Activists Gather in DC for Solidarity Conference
‘Devastated’: Wesley LePatner, Killed in Manhattan Mass Shooting, Was a Jewish Communal, Philanthropic Leader
Sen. Angus King Vows to No Longer Vote for Israel Military Aid Until Gaza Conditions Improve
Europe Won’t Pressure Israel to ‘Commit Suicide’ Amid Gaza Backlash, Palestinian State Push, Says Israeli FM
Israel’s National Soccer Coach Attacked in Athens Before Soccer Fans Chant ‘F–K Israel, Free Palestine’ at Match
New York Judge Sentences Neo-Nazi to 5 Years for Livestreaming Bomb Threats Against Jewish Hospitals
US Pressures Lebanon to Issue Cabinet Decision to Disarm Hezbollah Before Talks Continue
UK Plans to Recognize Palestinian State in September Unless Israel Meets Conditions, Starmer Says
Palestinian Telecom Entrepreneur Pays $10.5 Million for Israel’s Alvarion
Error: Contact form not found.
by Zach Pontz
Hani Alami, a Palestinian entrepreneur, has purchased Alvarion, a once-promising Israeli telecommunications company, for NIS 38 million ($10.5 million).
Israeli company Sigma Wave Ltd. offered to acquire Alvarion’s assets for the same price, but Alami won the bid after offering 10% of the company’s shares to Alvarion’s 48 employees, and promising them they would all keep their jobs.
According to Israeli business website Calcalist, Alami is a Palestinian telecommunications entrepreneur who currently lives in the East Jerusalem neighborhood of Beit Hanina. Alami has established a number of telecommunications companies — the most prominent being Coolnet, an Internet service provider (ISP) that operates high-speed Internet services.
“I don’t care whether Alvarion is an Israeli or a Palestinian company. As far as I’m concerned, it’s just business. I know the company. And I worked with it for long years. I am interested in running the company, and eager to bring it to success. As a native of Jerusalem, I can tell you that if each of us does his own share, as best he can, we may yet achieve peace,” he told Calcalist.
