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Bezeq
Founded 1984
Headquarters , Israel
Area served Israel
Industry Telecomunications
Net income 2.78 billion NIS
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 and Internet access infrastructure [1](ADSL). Though still the most dominant provider of telephone services, it has competition with the sole cable provider in the country (since September 2006), Hot, which offers a cables based telephone and internet access services as of 2005, and with 012 Smile.

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.[2] The cellular communications provider Pelephone is a fully-owned subsidiary of Bezeq. 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.

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