012 Smile.Communications Ltd., a provider of broadband access and international calls, will sell as much as $122.8 million in shares in an initial public offering in New York this week. The Petah Tikva-based company is offering 6.675 million shares at a range of between $14 to $16 each and may sell as much as another one million if there is sufficient interest, it said in a Securities and Exchange Commission filing. 012 Smile is a subsidiary of Internet Gold-Golden Lines Ltd., whose stake in the company will fall to 73.3 percent after the sale. 012 Smile said in a filing this month it estimates having 34% of Israel's international call market and 32% of its broadband access. Underwriters of the sale include CIBC World Markets, RBC Capital Markets, Cowen & Co., Oppenheimer & Co., and Thomas Weisel Partners LLC.