XFone to dual list in Tel Aviv

Mississippi-based communications company XFone said Wednesday it would dual list on the Tel Aviv Stock Exchange and expects to start trade on July 24.

By AVI KRAWITZ
July 20, 2006 07:07

 
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Mississippi-based communications company XFone said Wednesday it would dual list on the Tel Aviv Stock Exchange and expects to start trade on July 24. The company, which offers long distance calling services in Israel through its local subsidiary XFone 018, said the decision came from the growing success it has had in its international operations, in particular the Israeli unit. XFone also has operations in the United Kingdom. Shares in XFone will continue to trade on the American Stock Exchange under the symbol "XFN."

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