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Bezeq likely heading towards OK to merge its business units

  • Bezeq Israel (OTCPK:BZQIY +4.1%) has gotten word that Israel's Communications Ministry is likely to allow the company to merge its business units together.
  • That would end "structural separation" between mobile, fixed-line, satellite and Internet units -- and provide for Bezeq to offer multi-play packages, quickly becoming ubiquitous around the world.
  • Bezeq would likely need to commit to infrastructure investment and accelerating the spread of a fiber-optic broadband network over the next three years.

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Bezeq The Israel Telecommunication Corp. Ltd