Bezeq
File:Bzq logo.jpg | |
Industry | Telecomunications |
---|---|
Founded | 1984 |
Headquarters | |
Area served | Israel |
Revenue | 4,160,000,000 new shekel (2020) ![]() |
1,710,000,000 new shekel (2020) ![]() | |
2.78 billion NIS | |
Number of employees | 12,000 |
Website | http://www.bezeq.co.il |
Bezeq (Hebrew: בזק) is a telecommunications provider in Israel. Until the mid-2000s when it was owned by the Israeli government, Bezeq had a monopoly on wireline telephony. Though still the most dominant provider of telephone services, it has competition with the sole cable provider in the country (since September 2006),[1] HOT, which offers a cables based telephone service as of 2005 and with Kavei Zahav - 012, which is an Israeli Internet service provider.
On May 9, 2005, Bezeq was officially privatized when 30% of its shares were sold by the state to the Saban-Apax Investment group for $972 Million.[1]
The wireless telephone market in Israel is divided among four other companies:
- Pelephone (a fully-owned subsidiary of Bezeq)
- Cellcom
- Partner Communications Company Ltd.
- Mirs Communications Ltd.
Bezeq is also the largest shareholder in D.B.S. Satellite Services (1998) Ltd., known by its trademark name, Yes, the satellite (DBS) television provider in Israel.
References
- ^ "Bezeq launches porn-free "kosher phone" service". Reuters. 2008-02-03. Retrieved 2008-02-06.