B Communications (BCOM) owns a controlling interest in Bezek (Tase:BZEK), the major telecom group in Israel. Bezek is the largest Israeli communication group and it, together with its subsidiaries offer the entire spectrum of telecom services such as domestic, international and mobile phone services; multi-channel TV, rental lines, data communications and broadband internet service, etc. Bezek has a extensive digitized infrastructure. In May, 2010, about 25% of Israeli households were connected to Bezek’s all-IP Network.
Bezek had a strong third quarter showing operating profits of $254 million. Bezeq’s EBITDA for the third quarter of 2011 equaled US$ 350 million which represented an EBITDA margin of 44.5%.
B Communications LTD. (BCOM) is 78% owned by Internet Gold-Golden lines Ltd. Internet Gold is controlled by Eurocom.
Directors and managers of B Communications include: Debbie Saperia, Ehud Yahalom, Aliza Schloss, Shaul Elovitch and Doron Turgeman.
Disclaimer: The information in this article is insufficient to base investment decisions on. All decisions should be based on a thorough analysis of the investment.