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Public | |
Traded as | NASDAQ: BCOM TASE: BCOM |
Industry | Telecommunications services |
Predecessor | 012 Smile.Communications |
Founded | 1999 |
Headquarters | , |
Key people | Darren Glatt (Chairman) Tomer Raved (CEO) |
Revenue | |
Parent | Searchlight II BZQ L.P and T.N.R investments |
Subsidiaries | Bezeq |
Website | www |
Footnotes /references [1] |
B Communications is a publicly traded holding company, headquartered in Israel, whose sole asset is a controlling interest in Israeli telecommunications provider Bezeq. Its shares are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange.
B Communications functions as a holding company of Bezeq The Israeli Telecommunication Corp Ltd. B Communications is controlled by Searchlight II BZQ L.P (60.18%) and T.N.R investments Ltd (11.39%). [2] [3]
In January 2010, as part of the deal to transfer the controlling interest in Bezeq from the Apax-Saban-Arkin group to Eurocom, 012.Smile Communications Ltd. sold its telecom business assets to Ampal-American Israel Corporation. Ampal renamed its newly acquired business 012 Smile Telecom, and 012.Smile Communications Ltd. was renamed B Communications. On 14 April 2010 B Communications completed the acquisition of 30.44% of Bezeq's shares for NIS 6.5 billion. As of January 2020 , B Communications is holding 26.34% from Bezeq shares.
Mr. Darren Glatt serves as Chairman of the board of Directors since December 2019. Mr. Tomer Raved serves as Chief Executive Officer and as a director since January 2020
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פ is טכחכצלת׳ײֵַח׳4
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