Bezeq Int'l and Yes submit merger request
The Ministry of Communications is not expected to oppose the merger.
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) units Bezeq International and Yes has submitted a merger request to the Ministry of Communications, sources close to the matter have informed "Globes." ISP provider and international call company and satellite TV company Yes are part of Bezeq's planned Alpha subsidiary, which will also include mobile phone unit Pelephone Communications Ltd..
As part of the merger, Bezeq told the Ministry of Communications that Yes would take in the private division of Bezeq International, while the business division would be set up[ as a separate company and financial and marketing services will be provided by Pelephone.