Regulatory Filings • Aug 31, 2020
Regulatory Filings
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Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the month of August 2020
Commission File Number: 001-33773
(Translation of registrant's name into English)
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
On August 26, 2020, Bezeq The Israel Telecommunication Corporation Ltd. ("Bezeq"), a 26.34% subsidiary of B Communications Ltd. (the "Company"), reported to the Israel Securities Authority (the "ISA") and Tel Aviv Stock Exchange (the "TASE") that on August 25, 2020, Bezeq received a decision from the Israeli Ministry of Communications regarding changes in the structure and amount of the maximum rate for ultra-broadband access managed on Bezeq's fiber network. The decision came following a hearing held by the Ministry of Communications and the recommendations of the Ministry of Communications' deputy director of economics.
A translated copy of the foregoing report of Bezeq is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: August 31, 2020 By: /s/ Tomer Raved
B COMMUNICATIONS LTD.
Name: Tomer Raved Title: Chief Executive Officer
2
The following exhibit is furnished as part of this Form 6-K:
| Exhibit | Description |
|---|---|
| 99.1 | English translation of Report by Bezeq to the ISA and TASE on August 26, 2020. |

August 26, 2020
To To
The Israel Securities Authority The Tel Aviv Stock Exchange Ltd.
Dear Sirs,
Bezeq hereby supplements the following prior reports:
On August 25, 2020, Bezeq received the Israeli Minister of Communications' (the "Minister") decision regarding changes in the structure and amount of the maximum rate for ultra-broadband access managed on Bezeq's fiber network. That decision followed a hearing conducted by the Ministry of Communications (the "Ministry") on that subject, as well as the recommendations of the Ministry's deputy director of economics.
In accordance with the decision of the Minister, after examining the references received as part of the hearing and based on the economic opinion of the Ministry's deputy director of economics, the Minister decided to adopt the recommendations of the Ministry's professional staff and adopt the Communications Regulations (Telecom and Broadcasting) (Use of NIO Public Network) (Schedule No. 2), 5780-2020, which determine the maximum rates for an ultra-broadband access service managed on Bezeq's fiber network.
Accordingly, the maximum rate for BSA service using fiber will be:
The regulations do not determine a supervised rate for the initial installation of internal cables leading to the subscriber's premises, and Bezeq will be entitled to demand a reasonable payment for that service.
The rates are quoted in June 2020 prices and will be updated once a year on January 1, starting in 2021, in accordance with changes in the consumer price index. According to the recommendation of the Ministry's professional staff, those rates will be valid for a period of three years and then will be replaced by a fixed rate.
This decision joins additional decisions made by the Ministry regarding the fiber outline. Bezeq is studying the decision and is waiting for the outline to be completed so that it can economize its steps accordingly.
Below is a link to the decision of the Minister, the recommendation of the Ministry's deputy director of economics, and the regulations that were published on the Ministry's website:
https://www.gov.il/he/departments/policies/25082020_2
Sincerely yours,
Bezeq The Israel Telecommunication Corporation Ltd.
The above information constitutes a summary and translation of the report published by Bezeq. The Hebrew version was submitted by Bezeq to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.
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