Bezeq The Israeli Telecommunication Corp Ltd

Stock Symbols
TASE
:
BEZQ
TASE
:
BCOM
TASE
:
IGLD
company headquarters
Israel
ISSUES

Israel's largest telecommunications provider. It has infrastructure throughout the occupied West Bank and Golan Heights and provides telecommunication services to illegal Israeli settlements, military bases, and checkpoints.

Bezeq is Israel's largest, previously state-owned telecommunications company. It builds and maintains telecommunication infrastructure to the entire country, including all illegal Israeli settlements in the occupied West Bank and Golan Heights, as well as Israel's military bases and checkpoints in the occupied West Bank.

In addition to phone and internet service, Bezeq's subsidiaries Pelephone Communications and D.B.S. Satellite Services ("yes") provide wireless communications and satellite broadcasting services, respectively, throughout the country, including illegal settlements, military bases, and military checkpoints.

Like all Israeli communication providers, Bezeq gives the Israeli Security Agency ("Shin Bet") access to all the data of its users, including call metadata, device locations, internet browsing history, and more.

According to Who Profits, Bezeq profits off of a captive Palestinian market, as Palestinian communication providers are dependent on its infrastructure. Bezeq collects revenues from Palestinian phone companies for all international calls, calls from Israel to the occupied West Bank, and many calls within Gaza.

This company was included in the 2020 United Nations database of companies doing business in illegal Israeli settlements in the occupied Palestinian territory.

Economic Activism Highlights
  • In March 2022, the Alma Mater Society, a student union at the university of British Columbia, passed a motion demanding that the university divest from nine companies complicit in human rights violations as part of the Israeli occupation of Palestine: Motorola Solutions Inc, General Mills Inc, Partner Communications LTD, Bezeq the Israeli Telecommunications Corporation, Cellcom Israel Ltd, Bank Hapoalim BM, Caterpillar, Hewlett Packard, and Lockheed Martin.
  • In July 2021, KLP, Norway's largest pension fund, announced that it would divest from 16 companies that "contribute[d] to violations of human rights in war and conflict situations through their affiliation with the Israeli settlements in the occupied West Bank." The companies that KLP named included Bezeq, Ashtrom, Alstom, Altice Europe, Bank Hapoalim, Bank Leumi, Bank Mizrahi Tefahot, Cellcom, Delek, Electra, Energix Renewable Energies, First International Bank of Israel, Israel Discount Bank, Motorola, Partner, and Paz Oil Company. KLP held divestments totaling approximately $31.8 million in the companies at the time of its decision.
  • In November 2020, San Francsico State University's student government passed a resolution calling for the university to divest from companies that do business in Israeli settlements, referencing the 112 companies on the 2020 United Nations database of companies doing business in illegal Israeli settlements in the occupied Palestinian territory.
  • In October 2020, Fresno State University’s student government voted in favor of a divestment resolution calling for the university to divest from the 112 companies on the 2020 United Nations database of companies doing business in illegal Israeli settlements in the occupied Palestinian territory.
  • In October 2017, Sampension, Denmark's third-largest pension fund, moved to exclude four companies—Bezeq, Bank Hapoalim, Bank Leumi, and HeidelbergCement—from their portfolio due to their investments in the illegal Israeli settlement activities.
  • In May 2015, the Oglethorpe University Student Senate passed a resolution calling for the school to divest from "companies directly complicit in Israel's violation of human rights," including Bezeq.
Unless specified otherwise, the information in this page is valid as of
9 August 2022