SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2006
INTERNET GOLD-GOLDEN LINES LTD.
(Name of Registrant)
1 Alexander Yanai Street Petach-Tikva, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82-____________
Internet Gold-Golden Lines Ltd.
6-K Items
1. Press Release re Internet Gold's Smile.Media and ISSTA, Israel's
Largest Travel Group, to Operate Israeli LMT Travel Portal dated
November 13, 2006.
ITEM 1
Press Release Source: Internet Gold
Internet Gold's Smile.Media and ISSTA, Israel's Largest Travel Group,
to Operate Israeli LMT Travel Portal
Monday November 13, 9:00 am ET
PETACH TIKVA, Israel, November 13 /PRNewswire-FirstCall/ -- Internet Gold,
(Nasdaq: IGLD and TASE: IGLD) today announced that Smile.Media Ltd., its
fully-owned subsidiary, and ISSTA, Israel's largest travel group, which holds
through a subsidiary company, among other companies, the exclusive rights of the
American Express Travel in Israel, plan to form a jointly-owned company through
which they will operate and develop the Israeli LMT (Last Minute Travel) portal,
www.lmt.co.il. The brand will be transferred from Travel Holdings, a company
that holds worldwide rights to the LMT brand name and that operates Last
MinuteTravel.Com, a leader in US travel portals business.
The new company will be owned equally by Smile.Media and ISSTA.
In preparation for this step, ISSTA recently secured exclusive rights to use
LMT's proprietary technology in Israel and to promote LMT-branded activities in
the Israeli market. ISSTA and Smile.Media plan to totally transform the Israeli
LMT portal, first through the addition of cutting-edge technological features
and a new look-and-feel. They will then use the portal as a platform for
promoting ISSTA's extensive travel offerings. Launch of the new portal is
scheduled for December 2006.
"This partnership with ISSTA, Israel's largest travel group is the perfect
vehicle for bringing Smile.Media into the rapidly-growing travel space," said
Eli Holtzman, Internet Gold's CEO. "Travel has become one of e-Commerce's most
successful niches. In developing the LMT site, we will take full advantage of
our proven marketing, creative and operational expertise, and merge them with
ISSTA's impressive travel infrastructure. We are confident that LMT-Israel will
emerge as Israel's leading online travel site and become an important
contributor of revenues to Smile.Media."
Achishai Gal, CEO of the ISSTA Group, added, "The combination of ISSTA, Israel's
largest travel group, and Internet Gold, its most experienced portal operator,
is a dream-team for building an exciting online travel service. We believe that
Israeli consumers, like their counterparts throughout the developed world, will
welcome the ability to explore a countless travel alternatives online at their
leisure, and to independently make reservations and arrange payments. As such,
we expect the LMT site to drive a new level of demand for our travel packages,
thereby becoming a significant long-term driver of ISSTA's success."
About Internet Gold
Internet Gold is Israel's leading IP Group with a major presence across all
Internet-related sectors. Its smile.communications segment offers a variety of
Internet access and related value-added services, international telephony and
enterprise/IT integration services. Its smile.media segment manages a growing
portfolio of Internet portals and e-Commerce sites. Internet Gold has entered
into an agreement to acquire 60% of the control and equity in 012 Golden Lines
Ltd ("012") based on a valuation of US$ 140 million. 012 is a major Internet
Service Provider with revenues of $ 138.8 million in 2005 and is also a leader
in Israel's Voice Over Broadband domestic telephony.
The agreement is subject to the approval of both boards of directors and the
relevant regulatory authorities. According to the agreement, following the
acquisition, 012 will merge with IGLD's Communications activities.
Internet Gold is part of the Eurocom communications group. Its shares trade on
the Nasdaq National Market and on the Tel Aviv Stock Exchange.
For additional information about Internet Gold, please visit its investors' site
at www.igld.com.
Certain statements made herein that use the words "estimate," "project,"
"intend," "expect," "believe" and similar expressions are intended to identify
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements involve known
and unknown risks and uncertainties which could cause the actual results,
performance or achievements of the Company to be materially different from those
which may be expressed or implied by such statements, including, among others,
changes in general economic and business conditions and specifically, decline in
demand for the Company's services, inability to timely develop and introduce new
technologies, services and applications and loss of market share and pressure on
prices resulting from competition. For additional information regarding these
and other risks and uncertainties associated with the Company's business,
reference is made to the Company's Annual Report filed with the Securities and
Exchange Commission and its other reports as filed from time to time with the
Securities and Exchange Commission.
For further information, please contact:
Lee Roth
KCSA Worldwide
+1-212-896-1209
In Israel:
Mor Dagan
Investor Relations
+972-3-516-7620
Ms. Idit Azulay, Internet Gold
+972-3-939-9848
idita@co.zahav.net.il
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
INTERNET GOLD-GOLDEN LINES LTD.
(Registrant)
By /s/Eli Holtzman
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Eli Holtzman
Chief Executive Officer
Date: November 13, 2006