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Israel: Government approves TV Bezeq, Yes merger

By  |  June 24, 2015

Israel’s government has approved a plan by Bezeq to take full control of satellite TV operator Yes after determining it would not harm competition in the multi-channel TV market.

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    The approval by Prime Minister Benjamin Netanyahu, acting as communications minister, came after Israel’s cable and satellite TV council said there was no reason to reject the deal, the Communications Ministry said.

    Former state-owned monopoly Bezeq, Israel’s largest telecoms group, has long sought to merge with Yes to save costs and allow it to combine TV, phone and Internet into a triple play.

    Israel’s antitrust commissioner gave its permission for Bezeq to merge with Yes last year.

    Full content: Haaretz

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