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B Communication

Foreign Filer Report Nov 7, 2019

6676_rns_2019-11-07_e0191bd0-559b-49cb-b31f-67702b888f1d.pdf

Foreign Filer Report

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SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2019

B COMMUNICATIONS LTD.

(Name of Registrant)

2 Dov Friedman Street, Ramat Gan 5250301, Israel (Address of Principal Executive Office)

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-FForm 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):

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

YesNo

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________

B COMMUNICATIONS LTD.

EXPLANATORY NOTE

The following exhibit is attached:

99.1 Report of Bezeq - The Israel Telecommunication Corp. Ltd., a controlled subsidiary of B Communications Ltd., filed with the Israel Securities Authority and the Tel Aviv Stock Exchange - Immediate Report - Approval of Early Retirement for Employees.

SIGNATURE

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.

B COMMUNICATIONS LTD.

(Registrant)

Date: November 7, 2019 By: /s/ Ami Barlev

Ami Barlev Chief Executive Officer

2

EXHIBIT NO. DESCRIPTION

99.1 Report of Bezeq - The Israel Telecommunication Corp. Ltd., a controlled subsidiary of B Communications Ltd., filed with the Israel Securities Authority and the Tel Aviv Stock Exchange - Immediate Report - Approval of Early Retirement for Employees.

"Bezeq" The Israel Telecommunication Corp Limited ("The Company")

November 7, 2019

Attn. Attn.

Dear Sir or Madam,

Israel Securities Authority The Tel-Aviv Stock Exchange Ltd

Re: Immediate Report - Approval of Early Retirement for Employees

On November 6, 2019 the Company's Board of Directors, as part of the Company's streamlining program has approved the retirement of 140 permanent employees (permanent and new permanent), and termination of the employment of an additional 60 employees with the flexible employment status, at an overall cost of NIS 143 million.

It is clarified that this retirement is in addition to the employees' retirement program (including transferred employees) in accordance with previous decisions of the Board for which the Company has already recognized a liability (see Immediate Report dated December 16, 2018, ref. no. 2018-01- 115336).

In the light of the foregoing, the Company is expected to post in its financial statements for the fourth quarter of 2019 an expense of NIS 137 million. This expense is included in the Company's assumptions concerning the Bezeq Group forecast.

Yours sincerely,

"Bezeq" The Israel Telecommunication Corp Limited

The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company 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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