Bezeq Poised to Merge with Yes, Shake Up Telecom Market

Bezeq, the telecommunications giant, is reportedly on the verge of merging with the satellite television provider Yes, a move that could significantly alter Israel's communication market. This potential merger comes after approximately two decades of opposition. A consensus is reportedly forming within the government, specifically in the Ministry of Communications and the Ministry of Finance, that the current competitive landscape in the market now permits the dissolution of the structural separation between Bezeq and Yes.

This proposed change would allow Bezeq, for the first time, to offer television services directly to its customers. Such a move is anticipated to boost Bezeq's profitability. The development follows recent discussions between ministry representatives and industry players over the past few weeks, indicating a shift in regulatory thinking regarding the market's competitive readiness for such a consolidation.