B Communications Ltd. is an Israeli corporation focused on the telecommunications industry. Its shares are traded on the Nasdaq Global Market and the Tel-Aviv Stock Exchange under the symbol BCOM.
B Communications Ltd.âs asset is its controlling interest (approximately 26.34% ) in Bezeq The Israel Telecommunication Corp, Ltd.(TASE:BZEQ), Israelâs incumbent telecommunications group.
Bezeq is Israelâs largest telco group with a clear leadership position. It is active in Israelâs mobile voice, internet services, international long distance (ILD) services, multichannel pay TV and other segments.
Bezeqâs shares are traded only on the Tel-Aviv Stock Exchange. The fact that the shares of BCOM, Bezeqâs controlling shareholder, and IGLD, BCOMâs controlling shareholder, are listed on the Nasdaq Global Market, positions BCOM and IGLD as vehicles for U.S. investors interested in making an investment in Bezeq.
B Communications is an approximately 51.95%-owned subsidiary of Internet Gold, Internet Goldâs shares are traded on the Nasdaq Global Market (Nasdaq: IGLD) and the Tel-Aviv Stock Exchange (TASE: IGLD), and its share price is tracked as part of the TA-100 index.
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