ECI Telecom Ltd announced from Jerusalem that it plans to invest up to $1.65m for a 30.3% stake in Telegate Ltd, an Israeli company developing a system to enable cable television operators to offer telephone, data and interactive services: ECI is investing $700,000 to start with and the agreement grants ECI the exclusive marketing rights […]
ECI Telecom Ltd announced from Jerusalem that it plans to invest up to $1.65m for a 30.3% stake in Telegate Ltd, an Israeli company developing a system to enable cable television operators to offer telephone, data and interactive services: ECI is investing $700,000 to start with and the agreement grants ECI the exclusive marketing rights for Telegate’s products for substantial areas of the world market.
