Bezeq
 |
|
| Public | |
| Traded as | : BEZQ |
| Industry | Telecommunications |
| Founded | 1984 |
| Headquarters | Azrieli Center, Tel Aviv, Israel |
|
Key people
|
Stella Handler, (CEO) |
| Products | Fixed line, Mobile telephony, Internet, Cable television |
| Revenue |
 ₪9.98 billion (2015)
|
|
Number of employees
|
15,132 |
| Parent | B Communications |
| Subsidiaries | Pelephone, Walla!, yes |
| Website | www.bezeq.co.il |
Bezeq (Hebrew: בזק) is an Israeli telecommunications company. Bezeq and its subsidiaries offer a range of telecom services, including fixed-line, mobile telephony, high-speed Internet, transmission, and pay TV (via Yes).
Bezeq was founded in 1984 as a government-owned corporation, taking over the provision of telephony services in Israel, which were previously run directly by the Ministry of Communications. The drive for creating the company was the highly bureaucratic and inefficient nature of the government ran service, requiring customers to wait several years until they got a phone line installed.
In the late 1980s Anat Hoffman founded a group, Bezeq-Afflicted Clients Association, to protect the interests of Bezeq customers. A major complaint was that Bezeq refused to offer customers itemized bills, so they had no assurance they were paying for services they actually received. National hearings were held where customers had the opportunity to share their grievances against Bezeq. Hoffman notes that of 46 cases handled through small claims court, the consumers prevailed against Bezeq in 43. Within two years of the well publicized campaign for itemized bills, they were finally offered to consumers.
In 1994, Bezeq acquired 50% ownership of Pelephone, Israel's first mobile communication company, in 2004 acquired full ownership of the company from its co-owner Motorola.
In 1998, Bezeq co-founded Yes, a direct-broadcast satellite provider, which began broadcasting in July 2000.
In January 2012, Bezeq International Optical System was completed, a submarine telecommunication cable linking Tel Aviv and Bari in Italy. The system spans 2,300 km of cable, and extended terrestrially from Bari through Interoute's network to major European cities.
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Wikipedia