About Bezeq
Bezeq is a company based in Tel Aviv (Israel) founded in 1984 by Stav Rotman Hirsh was acquired by Searchlight Capital in June 2019. The company has 5,420 employees as of December 31, 2024. Bezeq has completed 2 acquisitions, including CloudEdge and Yes. Bezeq operates in a competitive market with competitors including KPN, FPT Telecom, Ciena, Hong Kong Broadband Network and CenturyLink, among others.
- Headquarter Tel Aviv, Israel
- Employees 5420 as on 31 Dec, 2024
- Founders Stav Rotman Hirsh
- Stage Public
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Bezeq The Israel Telecommunication Corp. Ltd.
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Annual Revenue
$2.44 B (USD)-2.41as on Dec 31, 2024
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Net Profit
$293.42 M (USD)-9.84as on Dec 31, 2024
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EBITDA
$1.04 B (USD)-1.87as on Dec 31, 2024
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Latest Funding Round
$249.42 M (USD), Debt – Conventional
Jul 11, 2019
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Investors
Elliott Management
& 1 more
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Employee Count
5420
as on Dec 31, 2024
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Investments & Acquisitions
CloudEdge
& 1 more
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Acquired by
Searchlight Capital
(Jun 20, 2019)
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IPO & Listings of Bezeq
Bezeq is a publicly listed company on the TASE with ticker symbol BEZQ in Israel, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Bezeq
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Software Development Team
24 people
Data Analysis and Operations Team
6 people
Leadership Team
6 people
Product Management Team
6 people
Network Team
4 people
Project Team
4 people
Creative and Marketing Team
3 people
Human Resources and Administration
3 people
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Funding Insights of Bezeq
Investors in Bezeq
Bezeq has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Elliott Management and Searchlight Capital.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on multiple sectors
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Multiple sectors are invested in by the hedge fund.
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Investor details for Bezeq
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Investments & Acquisitions by Bezeq
Bezeq has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CloudEdge and Yes.
Investment portfolio details for Bezeq
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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IT service suite solutions are provided by CloudEdge in Israel.
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Satellite television and broadband internet services are provided in Israel.
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Complete acquisition details for Bezeq
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Financial Statements - Bezeq
Detailed financials for Bezeq
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Bezeq Comparisons
Peer comparison for Bezeq
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Competitors of Bezeq
Bezeq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, FPT Telecom, Ciena, Hong Kong Broadband Network and CenturyLink, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile and fixed-line telecommunication services are provided across Europe.
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Broadband internet, IPTV, and data services are offered in Vietnam.
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Cloud-based network management software is provided for infrastructure planning.
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Provider of fibre optic broadband internet services
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Datacenter colocation, communication technology, and managed services are provided.
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Detailed competitors of Bezeq
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Latest news on Bezeq
Complete news archive for Bezeq
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Frequently Asked Questions about Bezeq
Bezeq was founded in 1984 and raised its 1st funding round 34 years after it was founded.
Bezeq is headquartered in Tel Aviv, Israel.
Nir David is the current CEO of Bezeq.
As of Dec 31, 2024, the latest employee count at Bezeq is 5,420.
Annual revenue of Bezeq is $2.44B as on Dec 31, 2024.
Founded in 1984 and headquartered in Tel Aviv, Israel, Bezeq operates in the telecommunications sector. Fixed-line domestic communications are managed, encompassing infrastructure, transmission, billing, and space leasing for other operators. Mobile services, high-speed internet, and pay TV are also delivered. A subsidiary handles submarine telecommunication cable links to support broader connectivity.
Bezeq's top competitors include KPN, Ciena and Community Fibre.
Yes, Bezeq is publicly traded on TASE under the ticker symbol BEZQ.
Bezeq has 2 investors. Key investors include Elliott Management, and Searchlight Capital.
The ticker symbol of Bezeq is BEZQ on TASE.