Tag Archives: Bezeq

Israel approves Bezeq merger with satellite TV arm YES

Bezeq can take full control of satellite TV operator YES as Israeli government has approved its merger plan. The Israeli telco had announced in February that it will be acquiring the 50.2% shares of Eurocom in Yes for ILS1.05 billion. Bezeq was waiting for a nod from the government to go-ahead with the merger. The [...]

Bezeq to acquire Yes for ILS1.05bn

Bezeq will acquire 50.2% shares of Eurocom in the satellite television operator, Yes, in Israel for ILS1.05 billion. This acquisition enables Bezes to provide triple-play services viz television, mobile and internet services. The company is awaiting clearance its minority shareholders and the Communications Ministry while its board has approved the deal. This is a strategic [...]

Bezeq to merge with satellite TV unit YES

Israeli telco, Bezeq, will soon merge with its satellite TV subsidiary, YES, after receiving approval from Israel’s anti-trust authority. The move aims to save costs and allow Bezeq to market a triple-play package of TV, phone and Internet to compete with cable company HOT. However, the authority has attached several conditions on the merger – [...]