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IGLD's Subsidiary 012 Smile.Communications Has Applied to the Israeli Ministry of Communications to Enter the Mobile Market in Israel by Providing Various Mobile and Cellular Solutions

IGLD's Subsidiary 012 Smile.Communications Has Applied to the Israeli Ministry of Communications to Enter the Mobile Market in I

PETACH TIKVA, Israel, March 20 /PRNewswire-FirstCall/ -- Internet Gold - Golden Lines ltd (NASDAQ Global Market and TASE: IGLD) announced today that its subsidiary 012 Smile.Communications Ltd. (NASDAQ Global Market and TASE: SMLC) reported that following the public disclosure of the recommendations of the Gronau Committee to the Minister of Communications, it has applied to the Minister of Communications to extend its current licenses and/or to receive additional ones for the following services:

- Cellular services as an MVNO (mobile virtual network operator) - Mobile communication services through WiMax and WiFi technology - IP based mobile communication services (Cellular VoB) - ISP services over GSM

012 Smile.Communications believes that such requests to the Minister of Communications is in accordance with the recommendations of the Gronau Committee with respect to encouraging competition in the mobile segment.

012 Smile.Communications noted that currently there are no similar issued licenses or a legal mechanism to obtain such licenses and that the Minister of Communications may not accept any or all of the recommendations of the Gronau Committee and may view such recommendations in a different manner from the approach taken by it in its application.

About Internet Gold

Internet Gold is one of Israel's leading communications groups with a major presence across all Internet-related sectors. Its 72.4% owned subsidiary, 012 Smile.Communications Ltd., is one of Israel's major Internet and international telephony service providers, and one of the largest providers of enterprise/IT integration services. Its 100% owned subsidiary, Smile.Media Ltd., manages a growing portfolio of Internet portals and e-Commerce sites.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in Company's filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

For further information, please contact: Lee Roth - KCSA Worldwide [email protected] / Tel: +1-212-896-1209 Mor Dagan - Investor Relations [email protected] / Tel:+972-3-516-7620 Ms. Idit Azulay, Internet Gold [email protected] / Tel: +972-200-3848

Internet Gold

CONTACT: For further information, please contact: Lee Roth - KCSA
Worldwide, [email protected] / Tel: +1-212-896-1209; Mor Dagan - Investor
Relations, [email protected] / Tel:+972-3-516-7620; Ms. Idit Azulay, Internet
Gold, [email protected] / Tel: +972-200-3848

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