- CEO
- Tomer Raved
- Full Time Employees
- 8,737
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- 144 Menachem Begin Road Tel Aviv Israel 6492102
- IPO Date
- Nov 1, 2007
- Business
- B Communications Ltd. (TASE: BCOM; OTC: BCOMF) is an Israeli holding company primarily focused on the telecommunications sector through its controlling interest of approximately 21.7% in Bezeq The Israel Telecommunication Corp. Ltd. (TASE: BEZQ), Israel's largest telecommunications provider; Bezeq and its subsidiaries, including Pelephone for cellular services, YES for multi-channel TV, Bezeq International, and Bezeq Online, deliver a comprehensive suite of services encompassing fixed domestic landline communications such as telephony, high-speed internet infrastructure with broadband up to 100 Mbps via NGN-FTTC networks supporting over 1.8 million access lines and 1.6 million high-speed lines, data transmission and wholesale services; cellular radio-telephone operations including installation, maintenance and marketing of equipment; international long-distance communications, network endpoint and ICT solutions; digital multi-channel pay TV broadcasting via satellite and internet with value-added content services; cloud and digital offerings; and corporate networks for business and residential customers predominantly in Israel. Founded in 1999 and headquartered at 144 Menachem Begin Road in Tel Aviv-Yafo, the company, formerly known as 012 Smile Communications Ltd. until its name change in March 2010, operates solely within the Israeli market through Bezeq's leadership in mobile voice, broadband internet, international services and pay TV segments, serving private and business subscribers with over 8,700 employees group-wide. In a major strategic shift announced in late 2025, B Communications sold all its 441,135,157 ordinary shares in Bezeq in an off-exchange transaction valued at approximately NIS 2.7 billion, substantially altering its asset base and focus following years of controlling influence backed by shareholders like Searchlight II BZQ L.P. (67.2%) and T.N.R. Investments Ltd. (12.72%).