B Communications has successfully sold its entire stake in Bezeq for approximately NIS 2.7 billion, marking the largest secondary block trade in the history of the Tel Aviv Stock Exchange.

Target Information

B Communications (Bcom) has officially announced the sale of its entire stake in Bezeq, amounting to approximately NIS 2.7 billion (around US $860 million). This groundbreaking transaction has drawn considerable interest, with demand exceeding NIS 8 billion (approximately US $2.5 billion) from both prominent Israeli and international institutional investors. Priced at NIS 6.2 per share, the sale represents a 2% discount compared to Bezeq's closing price on the announcement date and marks the largest secondary block trade ever conducted on the Tel Aviv Stock Exchange.

Since Searchlight Capital assumed control in 2019, Bezeq has experienced a remarkable transformation, leading to a staggering rise in its market capitalization of approximately 250%. The operational enhancements and strategic initiatives introduced during this period have notably increased the value of Bcom’s shares by over 300%. The recent quarterly results for Q3 2025 showcase this growth trajectory with significant increases in revenue, profit, and operational efficiency.

Industry Overview in Israel

The telecommunications industry in Israel has seen substantial changes and growth over the past few years, driven by technological advancements and regulatory reforms. As the country embraces new technologies