Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

B Communication Regulatory Filings 2018

May 24, 2018

6676_rns_2018-05-24_1701fa3e-ec03-4dcb-b22b-8c88265fff7b.pdf

Regulatory Filings

Open in viewer

Opens in your device viewer

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

F O R M 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 May 2018

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.

The following exhibits are 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 - Bezeq Group - Strategic Review.

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)

By /s/ Doron Turgeman Doron Turgeman Chief Executive Officer

Date: May 24, 2018

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 - Bezeq Group - Strategic Review.

("Bezeq ")

To: Israel Securities Authority Tel Aviv Stock Exchange Ltd.

Bezeq Group - Strategic Review

Tel Aviv, Israel – May 24, 2018 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced that further to section 1.7.2 of the Description of the Corporation's Business in the Periodic Report for 2017 regarding preliminary work in which certain synergies between the subsidiary companies are being reviewed and in the framework of the examination of the strategy of the Bezeq Group and the alternatives available to it, the Company's board of directors resolved that in view of changes in the communications market, regulatory requirements, technological developments and customer preferences, it wil review certain issues aimed at focusing on the Group's future core operations, including synergies between the operations of the Company's subsidiaries, the sale of the subsidiaries Bezeq On Line Ltd. and Walla! News, increasing the independence of the wholesale activities in the Company, and the establishment of an innovation unit that will act to position the Company at the center of the future communications world. All this without derogating from the Company's continued operations to cancel the structural separation between it and each of the subsidiaries, as detailed in section 1.7.2.1 (b) of the Description of the Corporation's Business in the Periodic Report for 2017.

It should be noted that a final plan has not yet been determined and the existence or non-existence of regulatory approval is expected to affect the preferred alternatives. In the Company's estimation, it will take a period of several months to formulate a full plan, which will be brought, among other things, to the prior consideration of the relevant regulatory bodies.

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.