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September 17, 2013 11:41 am

Palestinian Telecom Entrepreneur Pays $10.5 Million for Israel’s Alvarion

avatar by Zach Pontz

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Israeli hi-tech district.

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.

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  • Tonya Affelbaum

    So that is it, then. Israel’s laws will end up allowing for the indoctrination of its Jewish youth with more Palestinian messages of false peace. And more intermarriage. Wonderful. That’s why the Jews spilled their blood, so Tomer and Tal can intermarry with nice Arab girls.

    • David Wavey

      @Tonya If you can’t abide intermarriage, you don’t actually belong on this planet as everyone has made peace with that possibility, even probability, just about everywhere. Nobody’s blood was ever spilled in order to STOP a Jew from marrying a gentile. You have it all inside out.