- Business
- Bezeq The Israel Telecommunication Corp. Ltd (BEZQ.TA) operates as Israel's largest telecommunications provider, offering fixed-line telephony, cellular services through subsidiary Pelephone, high-speed fiber internet infrastructure and access including Be Fiber AI WiFi7 routers with cyber protection and mesh extenders, international communications and ISP services via Bezeq International, multi-channel digital satellite television (DBS) and over-the-top (OTT) broadcasting through Yes, data transmission, ICT solutions, network endpoint (NEP) services, wholesale infrastructure to other providers, call center operations, and equipment maintenance on customer premises; founded in 1980 and headquartered in Holon, Israel, the company serves residential, business, and government customers nationwide with primary focus on the domestic market. Bezeq conducts operations through segments encompassing domestic fixed-line communications, cellular through Pelephone, international services, and multi-channel television, maintaining extensive infrastructure including recent nationwide fiber rollout to nearly 2.9 million homes. In recent developments, Bezeq signed a non-binding agreement in July 2025 to acquire Exelera Telecom for approximately $160-170 million to expand its fiber broadband network, customer base, and high-speed services, though the deal was subsequently withdrawn; the company also pursues synergistic acquisitions such as Accelerate Telecom and Hot Mobile as part of its growth strategy amid regulatory evolution and improved profitability, while approving an early retirement plan for 2026 and raising its 2025 profit outlook. Controlled by B Communications Ltd., a publicly traded holding company listed on NASDAQ and Tel Aviv Stock Exchange, Bezeq continues to invest in advanced WiFi7 technology, AI-enhanced cybersecurity via Bcyber, and infrastructure supporting IoT, roaming, and digital services.