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29 Feb 2012Bezeq

Bezeq is the incumbent telecommunications operator in Israel established in 1984. In October 2005, the State of Israel sold its controlling interest in the Bezeq Group to Ap.Sb.Ar. Holdings Ltd (the Apax/Saban/Arkin consortium). In April 2010, Ap.Sb.Ar. Holdings Ltd. completed the sale of its 30.44 per cent stake in Bezeq to B Communications (formerly Smile 012 Communications Ltd.).

In June 2009, Bezeq started deploying its IP based next generation network that will ultimately enable it to offer broadband services with up to 50 Mbps speeds.

In May 2010, Bezeq was granted permission to sell triple play packages to residential customers after its landline market share fell below 85 per cent (75.7 per cent).

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Taken from: Operator Profiles: Israel
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