B Communication

Regulatory Filings • Nov 14, 2019

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 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-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): ☐

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.

Yes ☐ No ☒

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 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 ("Pelephone Collective Bargaining Agreement")

1

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/ Ami Barlev

Ami Barlev Chief Executive Officer

Date: November 13, 2019

EXHIBIT NO. DESCRIPTION 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 ("Pelephone Collective Bargaining Agreement")

Bezeq The Israel Telecommunications Corporation Ltd. ("Bezeq")

November 13, 2019

To: Israel Securities Authority Tel Aviv Stock Exchange Ltd.

Re: Pelephone Collective Bargaining Agreement

Further to previous reports, Bezeq reports that today its subsidiary, Pelephone Communications Ltd. ("Pelephone"), signed the renewal of its collective bargaining agreement with the Histadrut (General Federation of Labor in Israel) and the employees representatives. The agreement includes streamlining and synergy processes from the period starting November 12, 2019 and ending on June 30, 2022 (the "Agreement").

Under the Agreement, Pelephone may, among else, terminate the employment of 210 tenured employees during the term of the Agreement, some by voluntary retirement.

Furthermore, according to Pelephone's plan, it will terminate 190 jobs of non-tenured employees and no additional employees will be hired to fill positions of employees whose jobs were terminated. In addition, the Agreement includes the grant of a one-time grant to employees who will not be included in the retirement plan.

The total cost estimate is approximately NIS 100 million and will be paid over the term of the Agreement, assuming that Pelephone fully fulfills its streamlining plans, and provided that conditions to provide additional economic benefits to employees are fulfilled.

The expense to be recorded in Year 2019 is included in Bezeq's assumptions regarding the Bezeq Group's forecast.

Sincerely, Bezeq Israel Telecommunications Corporation Ltd.

The above information constitutes a 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.