- CEO
- Nir David
- Full Time Employees
- 5,286
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- 7 Hamanor Street Holon HM Israel 5886102
- IPO Date
- Apr 5, 2010
- Business
- Bezeq The Israel Telecommunication Corp. Ltd (BZQIF) is Israel's leading telecommunications provider, offering a comprehensive range of fixed-line telephony, cellular services through its Pelephone subsidiary, high-speed broadband and fiber internet including advanced WiFi7 routers with AI cybersecurity, international communications via Bezeq International, multi-channel pay TV through Yes satellite and internet broadcasts, directory enquiries via B144, call center operations, wholesale services to other providers, network endpoint equipment maintenance, and corporate data solutions; the company operates primarily in Israel with headquarters in Holon and was founded in 1984. Bezeq serves residential, business, and government customers across the country, maintaining extensive infrastructure for voice, data, and video transmission despite past loss of monopoly status in landline and ADSL services to cable and other competitors. Recent strategic moves include a July 2025 non-binding agreement to acquire Exelera Telecom for $160 million plus up to $10 million contingent payments to enhance digital traffic capabilities amid surging demand from cloud providers, a November 2025 preliminary memorandum of understanding by Pelephone to purchase rival HOT Mobile from Altice for 2.1 billion shekels ($652 million) pending regulatory approval, an ongoing acquisition campaign emphasizing fiber, 5G, and AI synergies as stated by Executive Chairman Tomer Raved, raised 2025 profit guidance to 1.32 billion shekels, and divestitures such as the prior sale of Walla! Communications internet portal and Bezeq Online subsidiary.