UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of March 2020
Commission File Number: 001-33773
B COMMUNICATIONS LTD.
(Translation of registrant’s name into English)
144 Menachem Begin Street, Tel Aviv 649210, Israel
(Address of principal executive offices)
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): ☐
CONTENTS
Report by Bezeq Subsidiary- Temporary Decision re: “Reverse Bundle” of Services
On March 26, 2020, Bezeq The Israel Telecommunication Corporation Ltd. (“Bezeq”), a 26.34% subsidiary of B Communications Ltd. (the “Company”), reported to the Israel Securities Authority (the “ISA”) and Tel Aviv Stock Exchange (the “TASE”) that Bezeq has received a letter from the Director General of the Israeli Ministry of Communications that conveyed a temporary decision concerning changes to the marketing arrangements for a reverse bundle of services by Bezeq.
A translated copy
of the foregoing report of Bezeq is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K.
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SIGNATURES
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. | |||
Date: March 30, 2020 | By: | /s/ Tomer Raved | |
Name: Tomer Raved | |||
Title: Chief Executive Officer |
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EXHIBIT INDEX
The following exhibit is furnished as part of this Form 6-K:
Exhibit | Description | |
99.1 | English translation of Report by Bezeq to the ISA and TASE on March 26, 2020. |
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Exhibit 99.1
Bezeq The Israel Telecommunication Corporation Ltd.
(the “Company”)
March 26, 2020 | ||
To | To | |
The Israel Securities Authority | The Tel Aviv Stock Exchange Ltd. |
Dear Sirs,
Immediate Supplementary Report - Hearing on Planned Change in Marketing of the “Reverse Bundle”
Tel Aviv, Israel – March 26, 2020 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ) (the “Company”) provided an update today concerning the Company’s Immediate Report dated July 25, 2019 and the description in Section 1.7.2.2 of the Chapter on the Description of the Company's Business in the Company’s 2019 Annual Report concerning the marketing of the shared package of services of Internet infrastructure together with an ISP (the “Reverse Bundle”),
On March 25, 2020, the Company received a letter from the Director General of the Israeli Ministry of Communications, including a temporary decision concerning changing the marketing arrangements for the Reverse Bundle.
In accordance with the decision, inter alia, the requirement to split the Reverse Bundle after a year has been cancelled, and the Company can contact customers at any time to renew the Reverse Bundle. The Company will have to offer its customers services from all suppliers (including major suppliers that it had intended to exclude, as discussed at the hearing) as part of the Reverse Bundle.
It was noted in the letter that the decision was given during the period of the outbreak of the coronavirus in Israel, and, accordingly, the validity of the decision is limited to three months.
The Company is studying the decision. At the same time, the Company is of the opinion that the decision is not expected to have a material impact on its operations during the temporary period (three months, as stated).
The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company 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.