YES they can; antitrust watchdog approves Bezeq’s merger with satellite operator

27 Mar 2014

Israel’s Antitrust Authority has reportedly revealed that it will allow fixed line incumbent Bezeq to merge with satellite provider YES, in which it currently holds a 49.8% stake. According to Reuters, a number of conditions have been made in return for giving permission for the tie-up, including that YES will not be allowed to acquire exclusive content from abroad for a few years, while Bezeq will be prohibited from marketing a triple-play bundle for the time being.

As noted in TeleGeography’s GlobalComms Database, Bezeq had previously sought a merger with YES, and while a court approved its plans in February 2009, the Antitrust Authority appealed to the Supreme Court, which subsequently overturned the decision in August that year.

Israel, Bezeq (Israel Telecommunication Corporation), Yes-DBS Satellite Services