Bezeq

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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. Though still the most dominant provider of telephone services, it has competition with the sole cable provider in the country, HOT, which offers a cables based telephone service as of 2005 and with Kavei Zahav - 012, which is an Israeli Internet service provider.

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.[1]

The wireless telephone market in Israel is divided among four other companies:

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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