SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2006
INTERNET GOLD-GOLDEN LINES LTD.
(Name of Registrant)
1 Alexander Yanai Street Petach-Tikva, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82-________
Internet Gold-Golden Lines Ltd.
6-K Items
1. Press Release re Internet Gold's Subsidiary, Smile.Media, Acquires a
75% Interest in GPG, a Popular Israeli Advertising Network dated April
27, 2006.
ITEM 1
Press Release Source: Internet Gold
Internet Gold's Subsidiary, Smile.Media, Acquires a 75% Interest in GPG, a
Popular Israeli Advertising Network
Thursday April 27, 1:12 am ET
PETACH TIKVA, Israel, April 27 /PRNewswire-FirstCall/ -- Internet Gold, (Nasdaq:
IGLD - News) today announced that its fully-owned subsidiary, Smile.Media Ltd.
(formerly GoldMind Ltd.) has acquired a 75% interest in the "GPG Network," an
interactive advertising media network. Under the terms of the agreement, it has
also secured an option to acquire an additional 12.5% interest in the GPG
Network.
The GPG Network currently includes 8 portals specializing in humor, astrology,
movies, song lyrics, games etc., which generate approximately 60 million page
views (in total) per month. GPG Network promotes these websites and maintains
exclusive rights to sell their advertising properties, providing advertisers a
broad portfolio of highly desirable targeted advertising opportunities. GPG
Network does not participate in the ownership or management of the websites
themselves.
"This transaction is one more in a chain of activities that we are pursuing to
extend our leadership position in Israel's Internet media industry," said Doron
Turgeman, Deputy CEO of Internet Gold and COO of Smile.Media. "We continue to
see strong growth in Israeli e-Advertising budgets, a phenomenon we expect to
continue for years to come. Through this acquisition, we are immediately
expanding Smile.Media's market share, and giving it a broader portfolio of
targeted advertising opportunities. This is an advantage that will grow in
importance in the future, as we believe that interactive media advertising will
account for a significantly share of the total advertising market."
About Internet Gold
Internet Gold is a group of communications companies that provide Internet
access and related value-added services, international telephony, e-advertising,
content and e-Commerce services throughout Israel under the brand name "smile".
The broad range and popularity of these services have established Internet Gold
as one of Israel's leading Internet Communications groups.
The Internet Gold Group includes four subsidiaries. MSN-Israel, its 50.1% owned
joint-venture with Microsoft Corp. (49.9% owned), provides Microsoft-branded
Search, Instant Messaging, Hotmail and a variety of portal services. Internet
Gold International, a fully-owned subsidiary, provides international Internet
and communication services. GoldMind, a fully-owned subsidiary, provides
value-added services to Internet subscribers. GoldTrade, the Group's fully-owned
e-Commerce subsidiary, operates e-Commerce sites.
For additional information about Internet Gold, please visit its Website at
http://www.igld.com.
For further information, please contact:
Marybeth Csaby
KCSA Worldwide
+1-212-896-1236
In Israel:
Meirav Be'eri
Investor Relations
+972 3 516-7620
Ms. Idit Azulay, Internet Gold
+972 3 939-9848
idita@co.zahav.net.il
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
INTERNET GOLD-GOLDEN LINES LTD.
(Registrant)
By /s/Eli Holtzman
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Eli Holtzman
Chief Executive Officer
Date: April 27, 2006