Decision-making brain activity in patients with hoarding disorder

ScienceDaily (Aug. 6, 2012) ? Patients with hoarding disorder exhibited abnormal activity in regions of the brain that was stimulus dependent when deciding what to do with objects that did or did not belong to them, according to a report in the August issue of Archives of General Psychiatry, a JAMA Network publication.

Hoarding disorder (HD) is defined as the excessive collection of objects and an inability to discard them. It is characterized by marked avoidance of decisions about possessions, according to the study background.

David F. Tolin, Ph.D., of the Institute of Living, Hartford, Conn., and colleagues used functional magnetic resonance imaging (fMRI) to measure neural activity when decisions had to be made about whether to keep or discard possessions.

Their study of 107 adults at a private, not-for-profit hospital compared neural activity among patients with HD (43), patients with obsessive-compulsive disorder (31, OCD) and a group of healthy individuals (33). The objects used in the study were paper items, such as junk mail and newspapers, that either did or did not belong to the participants.

Compared with patients who had OCD and the healthy individuals, researchers found that patients with HD exhibited abnormal activity in the anterior cingulate cortex (ACC) and insula. When deciding about items that did not belong to them, patients with HD showed relatively lower activity in those brain regions. However, when deciding about items that did belong to them, these regions showed "excessive functional magnetic resonance imaging signals" compared with the other two groups, according to study results.

"The present findings of ACC and insula abnormality comport with emerging models of HD that emphasize problems in decision-making processes that contribute to patients' difficulty discarding items," the authors comment.

The group of patients with HD chose to discard significantly fewer participant's possessions (PPs) than did the other two groups, the results indicate.

"The apparent biphasic pattern (i.e., hypofunction to EPs [experimenter's possessions] but hyperfunction to PPs [participant's possessions]) of ACC and insula activity in patients with HD merits further study," the authors conclude.

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The above story is reprinted from materials provided by JAMA and Archives Journals.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.

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Journal Reference:

1. David F. Tolin et al. Neural Mechanisms of Decision Making in Hoarding Disorder. Arch Gen Psychiatry, 2012;69(8):832-841 DOI: 10.1001/archgenpsychiatry.2011.1980

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/hA8emIGRxZE/120806161822.htm

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Insurance News - NY Governor Plan Makes Health Insurance ...

ALBANY, N.Y., Aug. 1 -- Gov. Andrew Cuomo, D-N.Y., issued the following news release:

Governor Andrew M. Cuomo today announced a new pilot program that will allow large universities to directly provide health coverage to their students at a lower cost.

The program is the result of legislation Governor Cuomo signed into law last week. The four universities that are eligible to self-insure are Columbia University, Cornell University, New York University, and the University of Rochester.

"This program makes it possible for a group of large universities to provide comprehensive health insurance to their students at a reasonable cost," Governor Cuomo said. "Many colleges require students to have health insurance so that they are protected in case of illness or injury. While many students are covered by their parents' health insurance, other students have to purchase coverage, which can be a burden for families already dealing with tuition and other costs. Allowing the schools themselves to offer health plans lowers the cost, while ensuring that students get the health coverage they need."

Benjamin M. Lawsky, Superintendent of Financial Services, said, "Working with the universities, we came up with a creative solution that allows the universities to self-insure, providing better value health coverage to their students. Effectively, this bill creates a demonstration project that could eventually be extended to other colleges and more students."

State Insurance Law does not permit a New York institution to self-fund a student health plan without a license to do business as an insurance company. As a result, an institution must purchase a policy from an insurer, or incur the costs of becoming a licensed insurance company.

A group of large universities approached the Department of Financial Services to explore how to make comprehensive insurance available to their students directly in order to make the coverage more affordable by reducing administrative and risk costs. Working together, the Department and the schools developed the bill. It permits self-funding of health plans by universities with strong endowments because they have the ability to provide financial security to such health plans.

Superintendent Lawsky said, "Once we have experience with these large financially-strong institutions, we can consider whether the model will work for other universities."

Senator James L. Seward, Chair of the Senate Insurance Committee, said, "As higher education costs rise, colleges and universities are always looking for an edge to keep expenses down and compete with out of state schools. Clearing the way for a self-insurance plan will allow New York schools that take part to tailor their own health insurance plans that meet the specific needs of their student populations, while reducing administrative costs. I commend Governor Cuomo and Superintendent Lawsky for their support."

Assemblyman Joseph D. Morelle, Chair of the Assembly Insurance Committee, said, "This is an important step toward making health care and higher education more affordable for New Yorkers, at a time when both present real challenges to families. I am grateful to the governor and all the partners who made this possible."

The Superintendent of Financial Services will have regulatory oversight over the student health plans. To protect students, the universities will set up reserves to ensure funding will be available to pay health care claims.

As Attorney General, Governor Cuomo investigated cost and coverage issues related to student health insurance plans. The new bill provides comprehensive health coverage and ensures that most of the premiums students pay will be spent on health care. Under the new bill, students will be provided with comprehensive health plans and the plans must spend at least 82 cents of every dollar collected on health care.

David J. Skorton, President, Cornell University said: "This law allows students and families to access comprehensive health insurance at the best possible prices. As all of us in higher education are working to control our costs, this flexibility is an important element and has proven successful at schools in other states. The Governor has been a key leader in this effort."

Joel Seligman, President, University of Rochester said: "I want to thank Governor Andrew Cuomo, Senator Jim Seward, and Assemblyman Joe Morelle for their leadership on this important legislation. The rising cost of student health benefit plans has contributed to college attendance cost increases and is an ongoing concern for both higher education institutions and the students that need to purchase effective health coverage. This legislation will help the University of Rochester and other colleges and universities to provide their students with high-quality, comprehensive health plans that are both cost effective and address the specific needs of students."

Laura L. Anglin, President of the Commission on Independent Colleges and Universities, a statewide association for more than 100 private, not-for-profit campuses, said, "Student health insurance plan costs are rising, causing concern both for colleges and universities, and for students who need to purchase health coverage. With enactment of this legislation, New York State is providing the opportunity for a number of our research universities to consider self-funded plans as a means of helping students get comprehensive health insurance coverage that best meets their needs, at lower costs. This is a win-win, and we commend the Governor and the Legislature for making this option available."

Jeffrey F. Scott, Columbia University's Executive Vice President for Student and Administrative Services, said: "Columbia is committed to ensuring that our students have access to cost-effective medical insurance, a goal that is tied to the realities of the marketplace and therefore can be difficult to achieve. We commend Governor Cuomo, the members of his administration, and their partners in the Senate and Assembly for establishing the option of self-funding to help address our students' need for affordable insurance."

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Copyright:	(c) 2012 Targeted News Service
Wordcount:	942

Source: http://insurancenewsnet.com/article.aspx?id=352532&type=lifehealth

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Develop Nike Store Your Small Business By Using Website Marketing

2 August 12 ??|?? 11:22 pm ??|?? Category: Gift ideas

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When working with banners and ads as part of your web marketing strategy, ensure that your website visitors know that it is a banner ad rather than a picture. Try so that it is ?pop? out Nike like a banner. They need to find your visitor?s consideration straight away and they ought to be begging to allow them to simply click them.

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Source: http://blog.flowercottage.com.my/?p=94738

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The Communications Network ? Director of Communications-NoVo ...

Location:
New York

Organization:
NoVo Foundation is dedicated to catalyzing a transformation in global society, moving from a culture of domination to one of equality and partnership. NoVo supports the development of capacities in people?individually and collectively?to help create a caring and balanced world that operates on the principles of mutual respect, collaboration and civic participation, thereby reversing the old paradigm predicated on hierarchy, violence and the subordination of girls and women.

We structure our grant making around initiatives, rather than by program areas. These initiatives are varied in form, but all reflect our commitment to building authentic partnerships with grantees and other funders, and to taking calculated risks. We invest in innovative strategic grant making and initiatives that we hope, in the near and long term, will lead to societal transformation. We are humbled and honored to be able to contribute to building a world based on peace, compassion, justice and love.

Position Description:?
NoVo Foundation seeks a Director of Communications to support all strategic communication activities and serve as the foundation?s institutional memory and information hub. This is an intellectually challenging senior position within the organization.

The Director of Communications will provide overall creative and strategic leadership and execution for a broad range of projects. Working closely with NoVo?s President, the Director of Communications will create and implement a foundation-wide communication action plan that supports the foundation?s mission and goals. The Director will develop strategies to enhance the foundation?s initiatives and will be responsible for a wide range of printed and online communication product and services.

In collaboration with foundation leadership and staff, this individual will serve as an internal advisor and thought partner who will work to create powerful and consistent messaging internally and externally. The Director must be a big picture thinker and a team player. As a member of the senior management team, the Director will be a dedicated advocate for the foundation?s strategic initiatives.

Because NoVo Foundation employs a small staff, the Director will be responsible for a range of responsibilities and tasks associated with communicating and promoting our mission. This is a newly created position, and the Director of Communications will be the only foundation employee solely dedicated to these tasks.

Key Responsibilities:
Internal Communications

• Develop and support organization-wide communications, clarifying and conveying the Foundation?s internal and external messaging;
• Develop and maintain a robust archive of relevant NoVo materials and libraries;
• Create, implement and oversee communication tools and processes to support and enhance internal communications;
• Gather, organize and provide the staff and board with meeting materials, relevant documents, and other information in a timely fashion;
• Establish templates for standard communication pieces;
• Prepare annual report and coordinate activities to capture, retain and share institutional knowledge;
• Conduct research and prepare briefing packages for President and Initiative staff; and
• Work on special projects and participate in office workgroups, as assigned.

External Communications

• Collaborate with President and initiatives? staff on public relations efforts including creating, proofing, and editing press releases, advocacy materials, written correspondence, speeches, talking points, annual reports, and any other related materials;
• Ensure accuracy, quality and consistency of external communications across all initiative areas;
• Identify opportunities for content development and distribution via relevant channels, including NoVo?s website, blogs, e-mail blasts, social media, and outside publications;
• Produce print publications, including, but not limited to creating original content, editing, establishing and monitoring production schedules;
• Handle all press communication and coordination;
• Manage relationships with communications and branding vendors and consultants (including writers, designers, and researchers), to ensure results are achieved on point, on time and on budget. As needed, oversee vendor selection processes for design, printing, photography, media relations and other services;
• Conduct research and prepare briefing packages and fact sheets for outside audiences;
• Obtain necessary approvals for any materials to be released on behalf of the foundation or its staff;
• Manage website to ensure that content is consistent, accurate and up-to-date, and enrich search engine optimization (SEO) by identifying and incorporating keywords in all materials; and
• Curate rotating photo gallery exhibits.

Key Competencies:
Education?

• BA or BS in relevant field

Experience

• Minimum ten years experience in a marketing or communications role. Progressive experience, planning, writing, editing, researching and producing newsletters, press releases, annual reports, and other print publications in a communications department is desired.
• Minimum five years leading and managing the communications function.
• Demonstrated commitment to NoVo?s mission and an alignment with our values.

Qualifications

• Proven ability to listen critically, and think and act creatively, strategically and nimbly.
• Experience in translating strategic thinking into action plans and output, with successful track record.
• Comfortable with and interested in implementing both strategic and tactical activities.
• Exceptional and engaging written and oral communications skills, and the ability to effectively interact with leadership, staff and Board of Directors. (Previous experience is a plus.)
• Astute and creative researcher and storyteller, with experience addressing different audiences across multiple medium and platforms.
• Successful writing, editing, production and project management experience in a variety of print and online media, both internally and externally focused. (Previous journalism experience is a plus.)
• Demonstrated ability to work effectively with a variety of constituents.
• Solid consultative, facilitation and presentation skills.
• Excellent judgment and an innovative, pro-active problem solving orientation.
• Ability and interest in developing and maintaining collaborative, respectful, and honest relationships.
• Ability to simultaneously manage multiple projects while maintaining a firm grasp on individual project details.
• High proficiency in Microsoft Office and Mac applications, and some graphic design experience.
• Highly effective and transparent team leader who supports a positive performance culture; able to serve as a role model with initiative, high energy, a positive attitude and genuine respect for alignment and inclusion, both internally and with grantees and partners.

Compensation and Culture:
NoVo offers competitive salaries, excellent benefits, generous vacation, and a pleasant working environment. We employ a small staff and are dedicated to promoting an environment of collaboration and workplace flexibility. NoVo values diversity and is committed to the recruitment and retention of individuals of diverse backgrounds, gender, race, religion, and sexual orientation.

How to Apply:
Interested applicants must send by?September 4?the following via email to ?H?ctor Cari?o?at People Architects Group :

• Resume
• Thoughtful cover letter (including how you became aware of this opportunity: job portal, referral, etc.)
• Three writing samples (attached in PDF format):
• One informal, such as a blog post or email alert
• One that is marketing-oriented in tone and style, such as an editorial or press release
• One that is a longer-form narrative piece on a specific subject

Subject line of your email must read:?Communications Director/YOUR NAME

Final applicants will be asked to complete a series of writing assignments, as directed.

Source: http://www.comnetwork.org/2012/08/director-of-communications-novo-foundation/

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Bezeq Group Reports Second Quarter 2012 Financial Results ...

TEL AVIV, ISRAEL ? (Marketwire) ? 08/02/12 ? Bezeq ? The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), Israel?s leading telecommunications provider, today announced its financial results for the three months ended June 30, 2012. Details regarding the investor conference call and webcast to be held today are included later in this press release.

   ----------------------------------------------------------------------------           Bezeq Group (consolidated)            Q2 2012   Q2 2011    Change                                                -----------------------------                                                   (NIS millions) Revenues                                          2,595     2,893     -10.3% Operating profit                                    746       935     -20.2% EBITDA                                            1,104     1,283     -14.0% EBITDA margin                                      42.5%     44.3% Net profit attributable to Company  shareholders                                       415       585     -29.1% Diluted EPS (NIS)                                  0.15      0.21     -28.6% ---------------------------------------------------------------------------- Cash flow from operating activities                 990       670      47.8% Payments for investments, net                       360       406     -11.3% Free cash flow (1)                                  630       264     138.6% ---------------------------------------------------------------------------- Net debt/EBITDA (end of period) (2)                1.69      1.33 Net debt/shareholders' equity (end of period)      3.06      2.66 ----------------------------------------------------------------------------  (1) Free cash flow is defined as cash flows from operating activities less  net payments for investments. (2) EBITDA in this calculation refers to the trailing twelve months.   

Shaul Elovitch, Bezeq?s Chairman, said: ?In the second quarter we experienced comprehensive regulatory changes and intensifying competition in the various areas of our operations, all of which are reflected in our financial results. Our strategy of long-term investment in advanced infrastructure, innovative services and first class customer service, have made us the leading communications group in Israel, well capable of dealing with the competition. The current changes in the communications market also have a positive potential for Bezeq, in that they can be leveraged for greater operational efficiency while creating business opportunities for the Group as a whole.?

Alan Gelman, Chief Financial Officer and Deputy CEO of Bezeq, commented, ?The second quarter results reflect the advantages of our diverse mix of operations. We delivered solid performances in the Fixed Line and International segments which moderated the weakness in the performance of our Pelephone cellular segment.

As a result of the increased level of competition in the cellular market we are updating our full year Group financial guidance accordingly. For the full year 2012, we now anticipate that we will achieve revenues of between NIS 10.2 billion and NIS 10.5 billion, Net profit to shareholders of between NIS 1.75 billion and NIS 1.85 billion and our EBITDA will be between NIS 4.4 billion and NIS 4.5 billion.

We now expect free cash flow in 2012 to improve materially compared to 2011 and to amount to above NIS 2.5 billion. This is primarily due to the improvement in working capital and the progress made in large infrastructure projects.

We are prepared to compete with the challenges in the industry and are implementing streamlining measures which are expected to reduce the impact of the cellular segment on the Bezeq Group. These measures are expected to influence our operations in the short to medium term.

Our robust cash flows allow us to extend our track record for deploying and supporting Israel?s leading communications infrastructures, all while continuing to return value to our shareholders through cash dividends. In accordance with the Company?s dividend policy, the Board of Directors recommended the distribution of 100% of net profits attributable to shareholders for the first half of 2012 as a cash dividend to shareholders of NIS 997 million. Together with the regular dividend, the Company will make the fourth payment of the special dividend of NIS 500 million. The total dividend to be distributed will be NIS 1.497 billion (approximately NIS 0.55 per share). The regular dividend, which is subject to shareholder approval, would be payable together with the special dividend on October 10, 2012 to shareholders of record as of September 23, 2012,? concluded Mr. Gelman.

Bezeq Group Results (Consolidated)

Revenues of the Bezeq Group in the second quarter of 2012 amounted to NIS 2.60 billion compared with NIS 2.89 billion in the corresponding quarter of 2011, a decrease of 10.3%. Most of the decrease in the Group?s revenues is due to lower revenues from the sale of cellular handsets and the erosion of revenues from cellular services.

Operating profit of the Group in the second quarter of 2012 amounted to NIS 746 million, compared with NIS 935 million in the corresponding quarter of 2011, a decrease of 20.2%. EBITDA in the second quarter of 2012 amounted to NIS 1.10 billion (EBITDA margin of 42.5%), compared with NIS 1.28 billion (EBITDA margin of 44.3%) in the corresponding quarter of 2011, a decrease of 14.0%. Net profit attributable to Bezeq shareholders in the second quarter of 2012 amounted to NIS 415 million compared with NIS 585 million in the corresponding quarter of 2011, a decrease of 29.1%. The decrease in operating profit, EBITDA and net profit is primarily attributable to a decrease in profitability in the cellular segment.

Cash flow from operating activities in the second quarter of 2012 amounted to NIS 990 million compared with NIS 670 million in the corresponding quarter of 2011, an increase of 47.8% due to improved working capital in the cellular segment. As a result of the increased cash flow from operating activities as well as the completion of large infrastructure projects initiated in prior years, free cash flow in the second quarter of 2012 amounted to NIS 630 million compared with NIS 264 million in the corresponding quarter of 2011, an increase of 138.6%.

Gross capital expenditures (CAPEX), in the second quarter of 2012 amounted to NIS 382 million compared with NIS 495 million in the corresponding quarter of 2011, a decrease of 22.8%. The Group?s capex to consolidated revenues ratio in the second quarter of 2012 was 14.7%, compared with 17.1% in the corresponding quarter of 2011.

As of June 30, 2012, gross financial debt of the Group was NIS 9.13 billion, compared with NIS 6.98 billion as of June 30, 2011. The net financial debt of the Group was NIS 7.90 billion compared with NIS 6.50 billion as of June 30, 2011. At the end of June 2012, the Group?s net financial debt to EBITDA ratio was 1.69, compared with 1.33 at the end of June 2011.

Bezeq Fixed-Line Results

• Bezeq?s NGN contributed to 6% growth in revenue from Internet and data services in the second quarter of 2012 compared with the corresponding quarter last year
• Increase of 57% year-over-year in average broadband speed per customer to 8.3 Mbps

Avi Gabbay, Bezeq CEO, stated: ?Our innovation, products and customer service have led to an increase of 15,000 new Internet subscribers and continuation of the rapid rise in average surfing speeds. Nevertheless, the competitive impact of regulatory restrictions and limitations on Bezeq in everything relating to service packages, such as bundling and triple play, resulted in Bezeq losing telephone lines in the second quarter.?

Revenues in the second quarter of 2012 amounted to NIS 1.16 billion compared with NIS 1.17 billion in the corresponding quarter of 2011, a decrease of 0.8%. The decline was mainly attributable to a decrease of 5.8% in telephony revenues offset by an increase of 6.0% in Internet and transmission revenues which amounted to NIS 532 million. This increase stemmed primarily from the continued upgrading of surfing speeds, which increased by 57% compared with the corresponding quarter of 2011, bringing the average customer broadband Internet speed up to 8.3 Mbps.

Operating profit in the second quarter of 2012 amounted to NIS 437 million compared with NIS 517 million in the corresponding quarter of 2011, a decrease of 15.5%. EBITDA in the second quarter of 2012 amounted to NIS 615 million (EBITDA margin of 53.0%) compared with NIS 688 million (EBITDA margin of 58.8%) in the corresponding quarter of 2011, a decrease of 10.6%. Net profit in the second quarter of 2012 amounted to NIS 263 million compared with NIS 330 million in the corresponding quarter of 2011, a decrease of 20.3%. The decrease in profitability metrics was mainly due to a write-off of NIS 54 million due to the cancellation of the Company?s previous CRM project.

Bezeq?s fixed-line operations strengthened its status as the leader in Internet services in Israel, with the number of subscribers rising by 4.4% compared with the corresponding quarter in 2011 to reach 1.136 million at the end of the second quarter. During the quarter, the Company recruited 15,000 new Internet subscribers. Average revenue per user (ARPU) from broadband Internet services amounted to NIS 80 per month in the second quarter of 2012, similar to the corresponding quarter in 2011.

The number of access lines at the end of the second quarter of 2012 was 2.335 million, a decrease of 0.9% compared with the corresponding quarter of 2011. Average monthly revenue per line (ARPL) was NIS 73, compared with NIS 77 in the corresponding quarter of 2011.

   ----------------------------------------------------------------------------                Bezeq Fixed-Line                 Q2 2012   Q2 2011    Change                                                -----------------------------                                                   (NIS millions) Revenues                                          1,161     1,170      -0.8% Operating profit                                    437       517     -15.5% EBITDA                                              615       688     -10.6% EBITDA margin                                      53.0%     58.8% Net profit (1)                                      263       330     -20.3% ---------------------------------------------------------------------------- Cash flows from operating activities                376       496     -24.2% Payments for investments, net                       216       271     -20.3% Free cash flow (2)                                  160       225     -28.9% ---------------------------------------------------------------------------- Number of active subscriber lines (end of  period, in thousands) (3)                        2,335     2,356      -0.9% Average monthly revenue per line (NIS) 4             73        77      -5.2% Number of outgoing usage minutes (millions)       2,228     2,415      -7.7% Number of incoming usage minutes (millions)       1,518     1,535      -1.1% Churn rate (%) (5)                                  3.8%      2.7% Number of broadband internet subscribers (end  of period, in thousands)                         1,136     1,088       4.4% Average monthly revenue per broadband internet  subscriber (NIS)                                    80        80       0.0% Average broadband speed per subscriber (end of  period, Mbps)                                      8.3       5.3      56.6% ----------------------------------------------------------------------------  (1) Excluding share in profits/losses of equity-accounted investees. (2) Free cash flow is defined as cash flows from operating activities less  net payments for investments. (3) Inactive subscribers are those whose lines have been physically  disconnected (except for a subscriber in the first three months of  collection proceedings). (4) Not including revenues from data communications and transmissions  services, internet services, services to communications providers, and  contract and other services. Based on average subscribers for the period. (5) Churn rate is calculated according to the number of telephone  subscribers who have disconnected from the Company's services during the  period, divided by the average number of telephone subscribers during the  period.   

Pelephone Results

• Revenues in the second quarter of 2012 amounted to NIS 1.15 billion compared with NIS 1.44 billion in the corresponding quarter of 2011 due to a decrease in the number of handsets sold and erosion of tariffs
• Pelephone maintained a high EBITDA margin of 35% due to streamlining measures taken by the Company

Gil Sharon, CEO of Pelephone, stated: ?The decrease in our profitability in the quarter is the result of the ongoing erosion of tariffs during the past year. Efficiency measures that we have been implementing since the beginning of the year have moderated the impact. The new competitors who entered the market in the middle of the second quarter created an opportunity for Pelephone in the form of new sources of revenue through wholesale service agreements. Two of those competitors ? Hot Mobile and Rami Levy ? are hosted on our high-speed network. Since the onset of increased competition, we have lost fewer subscribers to the new and incumbent operators and recruited more subscribers from the incumbent carriers, thanks to a combination of the advantages of our high-speed network and excellent customer service.?

Total revenues in the second quarter of 2012 amounted to NIS 1.15 billion compared with NIS 1.44 billion in the corresponding quarter of 2011, a decrease of 20.2%.

Revenues from services in the second quarter of 2012 amounted to NIS 857 million compared with NIS 925 million in the corresponding quarter of 2011, a decrease of 7.4%. The decrease stemmed primarily from tariff erosion as a result of increased competition in the market.

Revenues from data, content services and value added services (VAS) in the second quarter of 2012 amounted to NIS 312 million representing 39.0% of Pelephone?s revenues from cellular services, compared with NIS 297 million in the corresponding quarter of 2011, an increase of 5.1%.

Revenues from equipment in the second quarter of 2012 amounted to NIS 291 million compared with NIS 513 million in the corresponding quarter of 2011, a decrease of 43.3%. The decrease stemmed from a reduction in the number of handsets sold compared with the corresponding quarter of 2011.

Operating profit in the second quarter of 2012 amounted to NIS 259 million compared with NIS 357 million, a decrease of 27.5%. EBITDA in the second quarter of 2012 amounted to NIS 396 million (EBITDA margin of 34.5%), compared with NIS 500 million in the corresponding quarter of 2011 (EBITDA margin of 34.8%), a decrease of 20.8%. Net profit in the second quarter of 2012 amounted to NIS 194 million compared with NIS 279 million in the corresponding quarter of 2011, a decrease of 30.5%. The decrease in Pelephone?s profitability metrics stemmed primarily from the continued erosion of tariffs during the year and the entrance of new operators during the second quarter as well as from a decrease in handset sales.

Cash flow from operating activities in the second quarter of 2012 amounted to NIS 556 million compared with NIS 101 million in the corresponding quarter of 2011. The increase was primarily attributable to an improvement in working capital due to a decrease in the sale of handsets as well as from the factoring of certain payments for handsets paid for in installments.

Total Pelephone subscribers decreased sequentially by 17,000 during the second quarter of 2012 and numbered 2.859 million, compared with 2.827 million on June 30, 2011.

Average monthly revenue per user (ARPU) in the second quarter of 2012 was NIS 99, compared with NIS 97 sequentially and NIS 109 in the corresponding quarter of 2011.

   ----------------------------------------------------------------------------                    Pelephone                    Q2 2012   Q2 2011    Change                                                -----------------------------                                                   (NIS millions) Total revenues                                    1,148     1,438     -20.2% Service revenues                                    857       925      -7.4% Equipment revenues                                  291       513     -43.3% Operating profit                                    259       357     -27.5% EBITDA                                              396       500     -20.8% EBITDA margin                                      34.5%     34.8% Net profit                                          194       279     -30.5% ---------------------------------------------------------------------------- Cash flows from operating activities                556       101     450.5% Payments for investments, net                       109        86      26.7% Free cash flow (1)                                  447        15    2880.0% ---------------------------------------------------------------------------- Total subscribers (end of period, in  thousands) (2, 6)                                2,859     2,827       1.1% Average revenue per user (ARPU, NIS) (3, 6)          99       109      -9.2% Average monthly minutes of use per subscriber  (MOU) (4, 6)                                       409       370      10.5% VAS revenues as % of total cellular service  revenues                                          39.0%     34.5% Churn rate (5, 6)                                   6.0%      6.6% ----------------------------------------------------------------------------  (1) Free cash flow is defined as cash flows from operating activities less  net payments for investments. (2) Subscriber data includes Pelephone subscribers (excluding subscribers  of operators that Pelephone hosts on its network) and do not include  inactive subscribers who are connected to Pelephone's services for six  months or more. An inactive subscriber is one who in the past six months  has not received or made at least one call or who has not paid for  Pelephone's services. (3) Average monthly revenue per subscriber is calculated by dividing  average monthly revenue from cellular services, both from Pelephone  subscribers and from other communications operators, including revenues  from cellular operators who use Pelephone's network (from whom revenues  commenced in 2012), and repair and warranty services in the period by  average active subscribers in the same period. (4) Average monthly use per subscriber (in minutes) is calculated according  to a monthly average of total outgoing and incoming minutes in the period,  divided by the average total number of active subscribers in the same  period. (5) Churn rate is calculated according to the proportion of subscribers who  have disconnected from the Company's services and subscribers who have  become inactive during the period, divided by the total number of average  active subscribers during the period. (6) In the 2011 report, due to the increased transition of subscribers to  prepaid plans in the first months of the year, after reduction of the exit  fees, Pelephone decided not to count as "active" subscribers those who  made no calls during the fourth quarter. As a result, Pelephone deleted  approximately 91,000 subscribers. They were deleted retroactively from  each quarter in 2011 in which they were transferred to prepaid plans.  Consequently, the subscriber data, ARPU, MOU and churn rate were  retroactively adjusted in each quarter of 2011.   

Bezeq International Results

• Net recruitment of Internet subscribers increased 27% in the second quarter of 2012 compared with the corresponding quarter in 2011, driven by the deployment of the new submarine communications cable infrastructure and the Power NGN high speed network
• EBITDA increased 1% year-over-year to NIS 87 million in the first quarter of 2012

Itzik Benbenisti, CEO of Bezeq International, stated: ?Our second quarter success is impressive against a backdrop of an evolving regulatory landscape and intensifying competition in all the areas of our operations. Despite these challenges, we have been able to leverage the strength of our comparative advantages to record a 27% increase in net recruitment of Internet customers for the company?s services on our new submarine communications cable, and to show continued growth in the world of integration as well as cloud computing for business customers. These achievements contributed to our maintaining a high level of revenue and growth in EBITDA, a reflection of our strength and efficiency.?

Revenues in the second quarter of 2012 amounted to NIS 330 million compared with NIS 332 million in the corresponding quarter of 2011, a decrease of 0.8%. Revenue was driven by sales of the Company?s Internet services on the submarine cable infrastructure and the new Internet network, which was launched at the beginning of the year, coupled with further growth in sales of business communications solutions. This growth was offset by the ongoing erosion of revenues from international calls and from hubbing activities.

Operating profit in the second quarter of 2012 amounted to NIS 53 million compared with NIS 60 million in the corresponding quarter of 2011, a decrease of 12.2%. Net profit in the second quarter of 2012 amounted to NIS 39 million compared with NIS 46 million in the corresponding quarter of 2011, a decrease of 16.1%. The decrease in operating profit and net profit stemmed primarily from an increase in the company?s depreciation expenses as a result of investments in the submarine cable and additional investments in Information and Communication Technology (ICT).

EBITDA in the second quarter of 2012 amounted to NIS 87 million (EBITDA margin of 26.5%) compared with NIS 87 million (EBITDA margin of 26.1%) in the corresponding quarter of 2011, an increase of 0.8% which is a direct reflection of the operating efficiency of the Company.

Capital expenditures (CAPEX), in the second quarter of 2012 amounted to NIS 29 million compared with NIS 71 million in the corresponding quarter of 2011, a decrease of 59.2%. The decrease in CAPEX stemmed mainly from the completion of the investment in the submarine cable from Israel to Europe.

Cash flow from operating activities in the second quarter of 2012 amounted to NIS 64 million compared with NIS 68 million in the corresponding quarter of 2011, a decrease of 5.7%. The decrease stemmed mainly from changes in working capital.

   ----------------------------------------------------------------------------               Bezeq International               Q2 2012   Q2 2011    Change                                                -----------------------------                                                   (NIS millions) Revenues                                            330       332      -0.8% Operating profit                                     53        60     -12.2% EBITDA                                               87        87       0.8% EBITDA margin                                      26.5%     26.1% Net profit                                           39        46     -16.1% ---------------------------------------------------------------------------- Cash flows from operating activities                 64        68      -5.7% Payments for investments, net                        36        47     -24.1% Free cash flow (1)                                   29        21      35.1% ----------------------------------------------------------------------------  (1) Free cash flow is defined as cash flows from operating activities less  net payments for investments. 

yes Results

• Revenues increased 1.2% year-over-year to NIS 409 million in the second quarter of 2012
• Subscribers at the end of the second quarter of 2012 numbered 582,000, compared with 585,000 at the end of the sequential quarter and 581,000 at the end of the corresponding quarter in 2011

Ron Eilon, CEO of yes, stated: ?The regulatory imbalance in the multi-channel television market as it relates to yes is reflected once again in our financial results. I hope and believe that these imbalances will be corrected by means of fair and equitable legislation applicable to all the players, both existing and new, and will enable our customers to enjoy a free and competitive market.?

Revenues in the second quarter of 2012 amounted to NIS 409 million compared with NIS 404 million in the corresponding quarter of 2011, an increase of 1.2%. The increase stemmed mainly from higher sales of advanced services such as VOD and yesMaxTotal.

Operating profit in the second quarter of 2012 amounted to NIS 74 million compared with NIS 65 million in the corresponding quarter of 2011, an increase of 14.0%. EBITDA in the second quarter of 2012 amounted to NIS 128 million (EBITDA margin of 31.4%) compared with NIS 136 million (EBITDA margin of 33.8%) in the corresponding quarter of 2011, a decrease of 6.0%. The decrease in EBITDA stemmed from an increase in sales expenses.

Net loss in the second quarter of 2012 amounted to NIS 107 million compared with NIS 88 million in the corresponding quarter of 2011, a decrease of 20.7%. Profit before finance expenses to shareholders and taxes in the second quarter of 2012 amounted to NIS 18 million compared with NIS 20 million in the corresponding quarter of 2011, a decrease of 9.2%.

Cash flow from operating activities in the second quarter of 2012 amounted to NIS 100 million compared with NIS 119 million in the corresponding quarter of 2011, a decrease of 15.8% primarily due to an increase in broadcasting rights. Free cash flow in the second quarter of 2012 amounted to NIS 31 million compared with NIS 54 million in the corresponding quarter of 2011, a decrease of 43.3%.

ARPU in the second quarter of 2012 amounted to NIS 234 compared with NIS 232 in the corresponding quarter of 2011, an increase of 0.9%.

yes?s subscriber base at the end of the second quarter of 2012 reached 582,000 compared with 581,000 at the end of the second quarter of 2011, an increase of 0.2%.

   ----------------------------------------------------------------------------                       yes                       Q2 2012   Q2 2011    Change                                                -----------------------------                                                   (NIS millions) Revenues                                            409       404       1.2% Operating profit                                     74        65      14.0% EBITDA                                              128       136      -6.0% EBITDA margin                                      31.4%     33.8% Net profit (loss)                                  (107)      (88)    -20.7% ---------------------------------------------------------------------------- Cash flows from operating activities                100       119     -15.8% Payments for investments, net                        69        64       7.6% Free cash flow (1)                                   31        54     -43.3% ---------------------------------------------------------------------------- Number of subscribers (end of period, in  thousands) (2)                                     582       581       0.2% Average revenue per user (ARPU, NIS) (3)            234       232       0.9% ----------------------------------------------------------------------------  (1) Free cash flow is defined as cash flows from operating activities less  net payments for investments. (2) Subscriber - one household or small business customer. For a business  customer with numerous intake points or decoders (such as a hotel, kibbutz  or gym), the number of subscribers is calculated by dividing the total  payment received from the business customer by the average revenue from a  small business customer. (3) ARPU includes total yes revenues (content and equipment, premium  channels, technical services, advanced services, one-time sales of  content, revenue from channels, internet and others) divided by average  subscribers for the period.   

Conference Call & Web Cast Information

Bezeq will conduct a conference call hosted by Mr. Shaul Elovitch, Bezeq Chairman and Mr. Alan Gelman, Bezeq Chief Financial Officer and Deputy CEO, on Thursday, August 2, 2012, at 4:00 PM Israel Time / 9:00 AM Eastern Time. Participants are invited to join the live conference call by dialing:

International Phone Number: + 972-3-918-0609
Israel Phone Number: 03-918-0609

A live webcast of the conference call will be available on the investor relations section of the Bezeq corporate website at www.bezeq.co.il. Please visit the website at least 15 minutes early to register for the webcast and download any necessary audio software.

A webcast replay will be made available on the investor relations section of the Bezeq corporate website. An automated telephone replay will also be available approximately three hours after the completion of the live call through Wednesday, August 8, 2012. Participants are invited to listen to the conference call replay by dialing:

International Phone Number: + 972-3-925-5900
Israel Phone Number: 03-925-5900

About Bezeq The Israel Telecommunication Corp.

Bezeq is Israel?s leading telecommunications service provider. Established in 1984, the Company has led Israel into the new era of communications, based on the most advanced technologies and services. Bezeq and its subsidiaries offer the full range of communications services including domestic, international and cellular phone services; broadband Internet, and other data communications; satellite-based multi-channel TV; and corporate networks.

For more information about Bezeq please visit the corporate website at www.bezeq.co.il.

This press release contains general data and information as well as forward looking statements about Bezeq. Such statements include expressions of management?s expectations about new and existing programs, opportunities, technology and market conditions. Although Bezeq believes its expectations are based on reasonable assumptions, these statements are subject to numerous risks and uncertainties. These statements should not be regarded as a representation that anticipated events will occur or that expected objectives will be achieved. These forward-looking statements are made only as of the date hereof and the Company assumes no obligation to update any forward-looking statement In addition, the realization and/or otherwise of the forward-looking information will be affected by factors that cannot be assessed in advance, and which are not within the control of the Corporation, including the risk factors that are characteristic of its operations, and developments in the general environment, and external factors and the regulation that affects the Corporation?s operations.

This press release contains partial information from the public reports of Bezeq under the Israeli Securities Law 5728-1968 (the ?Securities Law?), which reports can be accessed at the Israeli Securities Authority?s website, www.magna.isa.gov.il. A review of this presentation is not a substitute for a review of the detailed reports of Bezeq under the Securities Law and is not meant to replace or qualify them; rather, the presentation is prepared merely for the convenience of the reader, with the understanding that the detailed reports are being reviewed simultaneously. No representation is made as to the accuracy or completeness of the information contained herein.

This press release does not constitute an offer or invitation to purchase or subscribe for any securities, and neither this presentation nor anything contained herein shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.

                "Bezeq" The Israel Telecommunication Corp., Limited                   Condensed Consolidated Income Statements                        Six months ended      Three months ended   Year ended                                June 30                 June 30  December 31                ----------------------- ----------------------- ------------                       2012        2011        2012        2011         2011                ----------- ----------- ----------- ----------- ------------                (Unaudited) (Unaudited) (Unaudited) (Unaudited)    (Audited)                ----------- ----------- ----------- ----------- ------------                NIS million NIS million NIS million NIS million  NIS million                 ----------- ----------- ----------- ----------- ------------ Revenues             5,335       5,806       2,595       2,893       11,373                ----------- ----------- ----------- ----------- ------------  Operating  expenses                ----------- ----------- ----------- ----------- ------------ Depreciation  and  amortization          716         683         358         348        1,395                ----------- ----------- ----------- ----------- ------------ Salaries             1,016       1,072         505         540        2,103                ----------- ----------- ----------- ----------- ------------ General and  operating  expenses            2,013       2,263         969       1,132        4,494                ----------- ----------- ----------- ----------- ------------ Other  operating  expenses  (income), net          (6)        188          17         (62)         139                ----------- ----------- ----------- ----------- ------------                      3,739       4,206       1,849       1,958        8,131                ----------- ----------- ----------- ----------- ------------                 ----------- ----------- ----------- ----------- ------------ Operating  profit              1,596       1,600         746         935        3,242                ----------- ----------- ----------- ----------- ------------ Financing  expenses  (income)                ----------- ----------- ----------- ----------- ------------ Financing  expenses              325         259         193         157          599                ----------- ----------- ----------- ----------- ------------ Financing  income               (292)       (177)       (116)        (95)        (389)                ----------- ----------- ----------- ----------- ------------ Financing  expenses, net          33          82          77          62          210                ----------- ----------- ----------- ----------- ------------                 ----------- ----------- ----------- ----------- ------------ Profit after  financing  expenses, net       1,563       1,518         669         873        3,032                ----------- ----------- ----------- ----------- ------------ Share in  losses of  equity-  accounted  investees             141         137          83          72          216                ----------- ----------- ----------- ----------- ------------ Profit before  income tax          1,422       1,381         586         801        2,816                ----------- ----------- ----------- ----------- ------------ Income tax             419         390         174         216          755                ----------- ----------- ----------- ----------- ------------ Profit for the  period              1,003         991         412         585        2,061                =========== =========== =========== =========== ============                 "Bezeq" The Israel Telecommunication Corp., Limited             Condensed Consolidated Income Statements (Continued)                         Six months ended      Three months ended  Year ended                                 June 30                 June 30 December 31                 ----------------------- ----------------------- -----------                        2012        2011        2012        2011        2011                 ----------- ----------- ----------- ----------- -----------                 (Unaudited) (Unaudited) (Unaudited) (Unaudited)   (Audited)                 ----------- ----------- ----------- ----------- -----------                 NIS million NIS million NIS million NIS million NIS million                 ----------- ----------- ----------- ----------- ----------- Attributable  to:                 ----------- ----------- ----------- ----------- ----------- Owners of the  Company                997         992         415         585       2,066                 ----------- ----------- ----------- ----------- ----------- Non-controlling  interests                6          (1)         (3)          -          (5)                 =========== =========== =========== =========== =========== Profit for the  period               1,003         991         412         585       2,061                 =========== =========== =========== =========== ===========                  ----------- ----------- ----------- ----------- ----------- Earnings per  share (NIS)                 =========== =========== =========== =========== =========== Basic earnings  per share             0.37        0.37        0.15        0.22        0.76                 =========== =========== =========== =========== =========== Diluted  earnings per  share                 0.37        0.36        0.15        0.21        0.76                 =========== =========== =========== =========== ===========                  "Bezeq" The Israel Telecommunication Corp., Limited                          Consolidated Balance Sheets                             June 30, 2012     June 30, 2011 December 31, 2011                        ----------------- ----------------- -----------------                              (Unaudited)       (Unaudited)         (Audited)                        ----------------- ----------------- ----------------- Assets                       NIS million       NIS million       NIS million                        ----------------- ----------------- ----------------- Cash and cash  equivalents                         603               463             1,352                        ----------------- ----------------- ----------------- Investments, including  derivatives                         626                24               946                        ----------------- ----------------- ----------------- Trade receivables                  3,116             2,855             3,059                        ----------------- ----------------- ----------------- Other receivables                    336               233               286                        ----------------- ----------------- ----------------- Inventory                            206               277               204                        ----------------- ----------------- ----------------- Assets classified as  held for sale                        28                20                23                        ----------------- ----------------- ----------------- Total current assets               4,915             3,872             5,870                        ----------------- ----------------- -----------------                         ----------------- ----------------- ----------------- Investments, including  derivatives                          95               112               119                        ----------------- ----------------- ----------------- Trade and other  receivables                       1,324             1,474             1,499                        ----------------- ----------------- ----------------- Property, plant and  equipment                         6,135             5,890             6,022                        ----------------- ----------------- ----------------- Intangible assets                  2,203             2,269             2,257                        ----------------- ----------------- ----------------- Deferred and other  expenses                            279               274               282                        ----------------- ----------------- ----------------- Investments in equity-  accounted investees  (mainly loans)                    1,019             1,050             1,059                        ----------------- ----------------- ----------------- Deferred tax assets                  169               259               223                        ----------------- ----------------- ----------------- Total non-current  assets                           11,224            11,328            11,461                        ----------------- ----------------- -----------------                           ================= ================= ================= Total assets                      16,139            15,200            17,331                        ================= ================= =================                  "Bezeq" The Israel Telecommunication Corp., Limited                    Consolidated Balance Sheets (Continued)                             June 30, 2012     June 30, 2011 December 31, 2011                        ----------------- ----------------- -----------------                              (Unaudited)       (Unaudited)         (Audited)                        ----------------- ----------------- ----------------- Liabilities and equity       NIS million       NIS million       NIS million                        ----------------- ----------------- ----------------- Debentures, loans and  borrowings                          735             1,249               765                        ----------------- ----------------- ----------------- Trade payables                       900             1,005               890                        ----------------- ----------------- ----------------- Other payables,  including derivatives               627               855               792                        ----------------- ----------------- ----------------- Current tax  liabilities                         483               309               397                        ----------------- ----------------- ----------------- Deferred income                       59                39                56                        ----------------- ----------------- ----------------- Provisions                           174               253               186                        ----------------- ----------------- ----------------- Employee benefits                    325               488               389                        ----------------- ----------------- ----------------- Dividend payable                     970               972               971                        ----------------- ----------------- ----------------- Total current  liabilities                       4,273             5,170             4,446                        ----------------- ----------------- -----------------                         ----------------- ----------------- ----------------- Debentures                         4,317             2,034             4,663                        ----------------- ----------------- ----------------- Loans                              4,073             3,701             4,150                        ----------------- ----------------- ----------------- Employee benefits                    228               267               229                        ----------------- ----------------- ----------------- Other liabilities                     79                43                93                        ----------------- ----------------- ----------------- Provisions                            70                70                69                        ----------------- ----------------- ----------------- Deferred tax  liabilities                          55                66                69                        ----------------- ----------------- ----------------- Dividend payable                     467             1,369               924                        ----------------- ----------------- ----------------- Total non-current  liabilities                       9,289             7,550            10,197                        ----------------- ----------------- -----------------                         ----------------- ----------------- ----------------- Total liabilities                 13,562            12,720            14,643                        ----------------- ----------------- -----------------                         ----------------- ----------------- ----------------- Equity                        ----------------- ----------------- ----------------- Total equity  attributable to  equity holders of the  Company                           2,577             2,438             2,650                        ----------------- ----------------- ----------------- Non-controlling  interests                             -                42                38                        ----------------- ----------------- ----------------- Total equity                       2,577             2,480             2,688                        ----------------- ----------------- -----------------                         ================= ================= ================= Total liabilities and  equity                           16,139            15,200            17,331                        ================= ================= =================                 "Bezeq" The Israel Telecommunication Corp., Limited                    Consolidated Statements of Cash Flows                         Six months ended      Three months ended  Year ended                                 June 30                 June 30 December 31                 ----------------------- ----------------------- -----------                        2012        2011        2012        2011        2011                 ----------- ----------- ----------- ----------- -----------                 (Unaudited) (Unaudited) (Unaudited) (Unaudited)   (Audited)                 ----------- ----------- ----------- ----------- -----------                 NIS million NIS million NIS million NIS million NIS million                 ----------- ----------- ----------- ----------- ----------- Cash flows from  operating  activities                 ----------- ----------- ----------- ----------- ----------- Profit for the  period               1,003         991         412         585       2,061                 ----------- ----------- ----------- ----------- ----------- Adjustments:                 ----------- ----------- ----------- ----------- ----------- Depreciation            556         527         278         268       1,080                 ----------- ----------- ----------- ----------- ----------- Amortization of  intangible  assets                 146         143          73          73         287                 ----------- ----------- ----------- ----------- ----------- Amortization of  deferred and  other expenses          14          13           7           7          28                 ----------- ----------- ----------- ----------- ----------- Share in losses  of equity-  accounted  investees              141         137          83          72         216                 ----------- ----------- ----------- ----------- ----------- Financing  expenses, net          109         119         110          83         293                 ----------- ----------- ----------- ----------- ----------- Capital loss  (gain), net              2         (87)         26         (43)       (181)                 ----------- ----------- ----------- ----------- ----------- Share-based  payments                39          84          19          41         167                 ----------- ----------- ----------- ----------- ----------- Income tax  expenses               419         390         174         216         755                 ----------- ----------- ----------- ----------- ----------- Income for  derivatives,  net                     (6)          -         (11)          -         (19)                 ----------- ----------- ----------- ----------- -----------                  ----------- ----------- ----------- ----------- ----------- Change in  inventory               (7)       (104)         16         (34)        (33)                 ----------- ----------- ----------- ----------- ----------- Change in trade  and other  receivables             94        (507)        174        (186)       (756)                 ----------- ----------- ----------- ----------- ----------- Change in trade  and other  payables              (123)        (69)       (159)       (164)       (131)                 ----------- ----------- ----------- ----------- ----------- Change in  provisions             (12)          2          (7)         (7)        (64)                 ----------- ----------- ----------- ----------- ----------- Change in  employee  benefits               (65)        182         (34)        (49)         82                 ----------- ----------- ----------- ----------- ----------- Change in  deferred and  other income           (14)          -           4           -          50                 ----------- ----------- ----------- ----------- ----------- Net income tax  paid                  (308)       (376)       (175)       (192)       (649)                 ----------- ----------- ----------- ----------- ----------- Net cash from  operating  activities           1,988       1,445         990         670       3,186                 ----------- ----------- ----------- ----------- -----------                 "Bezeq" The Israel Telecommunication Corp., Limited              Consolidated Statements of Cash Flows (Continued)                         Six months ended      Three months ended  Year ended                                 June 30                 June 30 December 31                 ----------------------- ----------------------- -----------                        2012        2011        2012        2011        2011                 ----------- ----------- ----------- ----------- -----------                 (Unaudited) (Unaudited) (Unaudited) (Unaudited)   (Audited)                 ----------- ----------- ----------- ----------- -----------                 NIS million NIS million NIS million NIS million NIS million                 ----------- ----------- ----------- ----------- ----------- Cash flow used  in investing  activities                 ----------- ----------- ----------- ----------- ----------- Investment in  intangible  assets and  deferred  expenses              (142)       (158)        (67)        (80)       (355)                 ----------- ----------- ----------- ----------- ----------- Refund from the  Ministry of  Communications  for  frequencies              -           -           -           -          36                 ----------- ----------- ----------- ----------- ----------- Proceeds from  the sale of  property,  plant and  equipment               69         236          22          49         230                 ----------- ----------- ----------- ----------- ----------- Acquisition of  financial  assets held  for trading         (1,855)         (2)       (755)          -      (2,859)                 ----------- ----------- ----------- ----------- ----------- Proceeds from  the sale of  financial  assets held  for trading          2,175           -       1,425           6       1,967                 ----------- ----------- ----------- ----------- ----------- Purchase of  property,  plant and  equipment             (700)       (797)       (315)       (375)     (1,548)                 ----------- ----------- ----------- ----------- ----------- Proceeds from  disposal of  investments  and long-term  loans                   93           6           5           5          11                 ----------- ----------- ----------- ----------- ----------- Acquisition of  investments  and long-term  loans                   (1)         (3)          -          (2)         (5)                 ----------- ----------- ----------- ----------- ----------- Proceeds  (payment) for  derivatives             10         (11)          6           -          (5)                 ----------- ----------- ----------- ----------- ----------- Dividends  received                 2           3           2           -           3                 ----------- ----------- ----------- ----------- ----------- Interest  received                 8           9           4           9          34                 ----------- ----------- ----------- ----------- ----------- Net cash from  (used in)  investing  activities            (341)       (717)        327        (388)     (2,491)                 ----------- ----------- ----------- ----------- -----------                 "Bezeq" The Israel Telecommunication Corp., Limited              Consolidated Statements of Cash Flows (Continued)                         Six months ended      Three months ended  Year ended                                 June 30                 June 30 December 31                 ----------------------- ----------------------- -----------                        2012        2011        2012        2011        2011                 ----------- ----------- ----------- ----------- -----------                 (Unaudited) (Unaudited) (Unaudited) (Unaudited)   (Audited)                 ----------- ----------- ----------- ----------- -----------                 NIS million NIS million NIS million NIS million NIS million                 ----------- ----------- ----------- ----------- ----------- Cash flows used  in financing  activities                 ----------- ----------- ----------- ----------- ----------- Issue of  debentures               -         400           -         400       3,092                 ----------- ----------- ----------- ----------- ----------- Bank loans  received                 -       1,600           -       1,600       2,200                 ----------- ----------- ----------- ----------- ----------- Repayment of  debentures            (384)       (757)       (316)       (665)       (835)                 ----------- ----------- ----------- ----------- ----------- Repayment of  loans                 (104)        (24)        (13)        (15)       (648)                 ----------- ----------- ----------- ----------- ----------- Net short-term  borrowing                3          (3)          3          (2)         (5)                 ----------- ----------- ----------- ----------- ----------- Dividends paid       (1,574)     (1,663)     (1,574)     (1,663)     (3,155)                 ----------- ----------- ----------- ----------- ----------- Interest paid          (276)       (193)       (230)       (161)       (377)                 ----------- ----------- ----------- ----------- ----------- Proceeds  (payment) for  derivatives,  net                     10           -          10           -          (1)                 ----------- ----------- ----------- ----------- ----------- Distribution to  holders of  non-  controlling  interests, net          (4)          -           -           -           -                 ----------- ----------- ----------- ----------- ----------- Increase in  holding of  subsidiary             (77)          -         (77)          -           -                 ----------- ----------- ----------- ----------- ----------- Proceeds from  exercise of  options                 10          10          10           6          21                 ----------- ----------- ----------- ----------- ----------- Net cash from  (used in)  finance  activities          (2,396)       (630)     (2,187)       (500)        292                 ----------- ----------- ----------- ----------- -----------                  ----------- ----------- ----------- ----------- ----------- Increase  (decrease) in  cash and cash  equivalents,  net                   (749)         98        (870)       (218)        987                 ----------- ----------- ----------- ----------- ----------- Cash and cash  equivalents at  the beginning  of the period        1,352         365       1,473         681         365                 =========== =========== =========== =========== =========== Cash and cash  equivalents at  the end of the  period                 603         463         603         463       1,352                 =========== =========== =========== =========== ===========   

BEZEQ ? Q2 2012 Press Release: http://hugin.info/151477/R/1631289/522936.pdf

Investor Relations Contact:
Mr. Naftali Sternlicht
Bezeq
Phone: +972-2-539-5441
Email: ir@bezeq.co.il

Media Relations Contact:
Mr. Guy Hadass
Bezeq
Phone: +972-3-626-2600
Email: pr@bezeq.co.il

Source: http://www.nearshorejournal.com/2012/08/bezeq-group-reports-second-quarter-2012-financial-results/

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Sprint EVO 3D finally getting its Ice Cream Sandwich update

Top o' the morning, folks! It looks like the Sprint HTC EVO 3D has begun getting its update to Android 4.0 Ice Cream Sandwich. That's according RockLight from ye olde Android Central forums, and other folks are seeing updates as well. We're not quite being inundated with reports of updates yet, so this could just be the initial trickle, or perhaps folks are just sleeping in, or gave up and went the custom ROM route already. Looks like folks are waking up and seeing this one across the board. The timing's right, as Sprint had said to expect it by early August.

As a reminder, here's what's new:

• A refined, evolved user interface that is simple, beautiful and useful
• Face Unlock: use state-of-the-art facial recognition technology to unlock your phone with a smile
• Redesigned camera app which introduces Scenes like Panorama, and Effects such as Vignette, Depth of Field, Vintage and Posterize
• Web browser now lets you sync Google Chrome™ bookmarks, request full desktop versions of sites, see your open tabs in a new layout
• People: browse friends, family and coworkers, see their photos in high-resolution and check their latest status updates from Google+
• Improved keyboard with incredibly accurate typing, an inline spell checker and improved copy and paste support
• Redesigned Gmail™ app that now lets you swipe between conversations to catch up quickly and search for emails even without a data connection
• Google+ integration that lets you hangout and video chat with up to 10 friends using your front-facing camera

So, be on the lookout for a 300-megabyte or so update, and try not to let your HTC Rezound-toting friends see you gloat too much.

More: EVO 3D forums; Thanks, RockLight!

Source: http://feedproxy.google.com/~r/androidcentral/~3/4CvBHBnI_9g/story01.htm

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Jessica Biel Faces Terror In Exclusive 'The Tall Man' Clip

Jessica Biel will do anything to save her son in "The Tall Man." The upcoming thriller from "Martyrs" director Pascal Laugier is due out on VOD tomorrow before hitting theaters in a limited release on August 31, and MTV News has an exclusive clip from the project to tease you for its impending premiere. Biel [...]

Source: http://moviesblog.mtv.com/2012/07/31/jessica-biel-tall-man-clip/

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