The major Israeli telecommunications service provider. Bezeq and its subsidiaries provide domestic, international and cellular phone services, broadband Internet, satellite TV and corporate networks. The company is publicly traded on the Tel Aviv Stock Exchange.
The company provides telecommunication services to all Israeli settlements, army bases and checkpoints in the occupied West Bank and to Israeli settlements in the occupied Syrian Golan.
The company builds and maintains telecommunication infrastructure throughout the West Bank and Golan. As at 31 December 2016, the company owned 40 properties in settlements in Area C of the occupied West Bank.
Moreover, Bezeq enjoys access to the Palestinian market as a captive market, as Palestinian telecommunications infrastructure and services are dependent on the Israeli backbone and suppliers. Bezeq and other Israeli operators collect revenues from Palestinian operators for all international calls, all calls to the West Bank, and many intra-Gaza calls, as well as internet traffic.
Additionally, its full subsidiary, Pelephone Communications, is an Israeli provider of cellular phone services, which erected approximately 225 antennas and telecommunication infrastructure facilities on occupied land in the West Bank and the Golan and provides cellular communication services to the settlers and Israeli soldiers in the occupied territory.
The company also owns DBS Satellite Services (commercially knows as “YES”), which provide satellite broadcasting services to some of the checkpoints and to all Israeli settlements.
Bezeq is a publicly traded company listed on the Tel Aviv Stock Exchange under the ticker symbol BEZQ.
B Communications, a subsidiary of Internet Gold-Golden Lines, holds the controlling interest in Bezeq (26.34%). B Communications is a publicly traded holding company on the Nasdaq and Tel Aviv stock markets under the ticker symbol BCOM. Internet Gold, publicly traded on Nasdaq under the ticker symbol IGLD, is part of the Eurocom Group owned by Shaul Elovitch.
Other shareholders include: Pictet Asset Management Ltd. (1.9%), Capital Research Global Investors (1.7%), Norges Bank Investment Management (NBIM) (1.7%), The Vanguard Group, Inc. (1.6%), Fidelity Management & Research Company (1.3%)
Top mutual fund holders: American Funds Capital World Growth & Income Fund (1.7%), Statens Pensjonsfond Utland (1.7%), Pictet GSF-Global Utilities Equity Fund (1.5%)
Bezeq CEO: Stella Handler
Wholly owned Subsidiaries: Pelephone Communications, DBS Satellite Services (YES), Bezeq International, Bezeq On-Line, Walla! Communication.
British Telecom (BT), Cisco, Check Point, Dell, Microsoft, HP and ALSO.
All the information contained in this page is valid until Sun 10/12/2017
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