Regulatory Filings • Jun 6, 2018
Regulatory Filings
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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.
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.
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________
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.
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.
INTERNET GOLD-GOLDEN LINES LTD. (Registrant)
By: /s/ Doron Turgeman
Doron Turgeman Chief Executive Officer
Date: June 6, 2018
99.1 A 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.
To: Israel Securities Authority Tel Aviv Stock Exchange Ltd.
Immediate notification is hereby provided that in the afternoon hours of June 5, 2018, the Company was notified by the Ministry of Communications (hereinafter, the "Notice") that the Ministry believes that the temporary arrangement with respect to telephony service in resale should not be extended. Accordingly, as of August 1, 2018, the Company is required to provide wholesale telephony services in the format prescribed in the "BSA - Bit Stream Access +Telephony"service portfolio (hereinafter, the "Service Portfolio") and that the Company must provide such service both as a separate service and as an add-on service to the BSA service.
As stated in Section 1.7.3.5 of the section containing a description of the Company's operations in the Company's periodic report for 2017, in accordance with the decision of the then-current Acting Minister of Communications of May 18, 2017, the Company was required to supply telephony services in resale format for a year from July 31, 2017, and it was clarified by the Ministry of Communications that it intended to examine the possibility of extending the resale arrangement or turning it into a permanent arrangement. As indicated by the Notice, the Ministry of Communications has decided not to extend the resale arrangement or make it permanent.
It should be noted that the Company clarified to the Ministry of Communications in the past that the service format in the service portfolio is not technologically feasible and requires the replacement of a switch in a complex and protracted process (see also Section 1.7.3.5 noted above). Accordingly, the Company anticipates that it will be unable to meet the schedule provided in the Notice, but it is studying the Notice and intends to approach the Ministry in order to find a solution to the issue.
The Company estimates that the implementation of the service portfolio (if implemented) or any other solution in its place will adversely affect its financial results. At the same time, the Company is unable at the present stage to assess the extent of the impact, which may ultimately be a material one, as it depends on various variables, including scope of demand for the service, price levels of the alternative products currently available in the market (such as VOB service), and more.
Theaboveinformation constitutesatranslation oftheReportpublished byBezeq-TheHebrew version wassubmitted byBezeqtothe relevantauthoritiespursuanttoIsraelilaw,and representsthebindingversionand theonlyonehavinglegaleffect.Thistranslationwas prepared for conveniencepurposesonly.
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