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Bezeq’s Pelephone Launches 5G-Only Packages to Boost Subscriber Base

Bezeq Telecom’s mobile subsidiary, Pelephone, announced on Monday that it will begin offering 5G-only packages to encourage the adoption of its 5G network. The move positions Pelephone as the first Israeli provider to launch such technology. Subscribers with 4G-only devices will still have access to 4G-adapted packages, ensuring inclusivity.

The new 5G package, priced at 54.90 shekels ($15) per month, includes 1,000 gigabytes of data. Pelephone currently serves over 1.2 million 5G customers, making up 53% of its postpaid subscribers. The company also introduced the 5G MAX service in September, offering high-speed internet at crowded venues, which operates on its newly established independent 5G network core in collaboration with Ericsson. Pelephone’s 5G coverage now spans 80% of Israel.

Meanwhile, rival telecom operator Cellcom has launched its own 5G service, reaching its 1,000th 5G site. Cellcom’s new superfast 5G Pro package offers 1,500 GB of 5G data for 59.90 shekels per month, and all future 5G packages will be based on its advanced network.

 

Israeli Cybersecurity Firms Raise $4 Billion in 2024, Driven by Cloud and AI Security Demand

Israeli cybersecurity companies raised a record $4 billion in 2024, more than double the amount raised in 2023, fueled by increasing demand for cloud protection and artificial intelligence (AI) security solutions. According to YL Ventures’ latest State of the Cyber Nation Report, cybersecurity has rapidly become one of Israel’s fastest-growing sectors, contributing significantly to the nation’s economy, which depends heavily on high-tech industries. The sector now represents 20% of Israel’s economic activity, 16% of jobs, and more than half of its exports.

Despite geopolitical challenges, YL Ventures projects that Israel’s cybersecurity industry will continue to expand globally, with Israeli cybersecurity startups gaining recognition as dominant players on the world stage. The report highlighted that 2024 saw 89 funding rounds in Israel’s cybersecurity sector, with 50 of those rounds in early-stage (seed) funding, totaling $400 million. Global venture capital firms more than doubled their funding rounds compared to the previous year.

In the growth stage, which includes Series C and higher rounds, 16 rounds raised $2.9 billion—an increase of 300% from the $888 million raised in 2023. Overall, Israeli cybersecurity firms raised $1.89 billion in 2023. YL Ventures’ Andy Ellis believes that 2024’s funding activity signals a positive trend for 2025, with greater access to funding in early (A and B) rounds, larger investments in later (C and beyond) rounds, and a continued increase in seed-stage funding.

Ofer Schreiber, senior partner at YL Ventures, attributes Israel’s cybersecurity success to the country’s military intelligence expertise, which fosters a practical, results-driven entrepreneurial culture. However, the outbreak of war in October 2023, following an attack by Hamas militants, forced many tech founders into military service, creating operational challenges. Schreiber noted that cybersecurity founders had to adapt quickly to ensure business continuity amid uncertain economic conditions and a concerned customer base.

 

Key Countries Watching U.S. Presidential Election Outcomes

As the U.S. presidential election approaches, several countries are keenly observing the vote, recognizing the potential implications for global stability, economic health, and security. The outcomes could significantly influence geopolitical dynamics, especially for nations like Ukraine, China, Russia, Israel, and Iran.

China
China, the U.S.’s primary economic competitor, is closely monitoring the election results. Former President Donald Trump has indicated a desire to revive the trade war initiated during his previous administration, suggesting substantial tariff increases on Chinese imports. He has proposed raising tariffs by 60-100%, which could significantly impact American households by raising consumer costs. Although Vice President Kamala Harris’s campaign has criticized such sweeping tariffs, a Democratic administration may still maintain existing tariffs imposed during President Biden’s tenure. As China faces economic challenges, including sluggish consumer confidence and a housing slump, the election’s outcome may dictate the size of its forthcoming stimulus measures.

Ukraine
For Ukraine, the stakes are exceptionally high. The country remains reliant on U.S. military aid amid its ongoing conflict with Russia. Analysts suggest that a Trump presidency could lead to reduced support for Ukraine, potentially jeopardizing its territorial integrity. Trump has claimed he could resolve the conflict quickly but would likely press Ukraine into negotiations that could cost it significant territory currently under Russian control. Conversely, while Harris has promised continued support for Ukraine, her ability to secure additional funding may depend on Congress’s composition. The outcome of the election may force Ukraine to reconsider its reliance on U.S. support.

Israel and Iran
The Middle East also watches closely as both candidates pledge strong support for Israel. Trump has cultivated a reputation as a protector of Israel, highlighting past decisions that favor Israeli interests, such as recognizing Jerusalem as its capital. Polling indicates that many Israelis favor Trump for their national interests over Harris. In contrast, Harris has faced scrutiny for her criticism of Israeli military actions but has reaffirmed her commitment to Israel’s right to defense.

As for Iran, experts predict that a Trump administration could escalate tensions, possibly allowing for more aggressive actions against Iran’s nuclear facilities. Harris, on the other hand, is likely to maintain a diplomatic approach, continuing Biden’s policy of de-escalation in the region.

In summary, the U.S. election carries profound implications not only for American politics but also for global affairs, with countries like China, Ukraine, Israel, and Iran poised to react to the new administration’s policies.