B Communications is a holding company with a single asset: the controlling interest (approx. 26.34%) in Bezeq the Israeli telecommunication Corporation.
Bezeq 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 Syrian Golan. As at 31 December 2016, the company owned 40 properties in settlements in Area C of the occupied West Bank.
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, Bezeq’s 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.
Bezeq also owns DBS Satellite Services (commercially knows as “YES”), which provide satellite broadcasting services to some of the checkpoints and to all Israeli settlements.
B Communications is a publicly traded subsidiary of Internet Gold – Golden Lines (64.78%), a publicly traded company on the Nasdaq stock market under the ticker symbol IGLD. Shaul and Yossef Elovitch, through Eurocom Communications, of the Eurocom Group, hold 61.14% of Internet Gold-Golden Lines.
B Communications is listed on the Nasdaq and Tel Aviv stock markets under the ticker symbol BCOM.
CEO: Doron Turgeman
Through its wholly owned subsidiaries B Communications (SP1) and B Communications (SP2), B Communications holds the controlling interest in Bezeq and its wholly owned subsidiaries Pelephone Communications, DBS Satellite Services (YES), Bezeq International, Bezeq On-Line and Walla! Communication.
All the information contained in this page is valid until Sun 10/12/2017
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