Bezeq explores yes merger with ILS 1.2 billion at stake for Bezeq stock
Published on 10/15/2026 at 11:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMerger tax benefit and operating scale
- Regulators considered the yes merger on October 6, 2026, with an ILS 1.2 billion potential tax benefit.
- Bezeq reported NIS 2.03 billion in core revenue for the first quarter of 2026, up 2.6 percent year over year.
- Bezeq stock was last at ILA 726.20 on October 15, 2026 at 12:07 p.m. IDT on TASE, within its ILA 625.10 to ILA 913.60 52-week range.
Bezeq The Israeli Telecommunication (ISIN IL0002300114) is tied to a proposed yes merger that could create an ILS 1.2 billion tax benefit over a decade. The report from ice dated October 6, 2026 said regulators were considering ending the structural separation between Bezeq and its television subsidiary yes.
Merger value rests on regulation
The proposed change would allow combined internet and television packages, but approval would carry operational restrictions. The same report said the tax asset could add ILS 120 million to annual group profit and ILS 1.2 billion over ten years, while a final decision was not expected before 2027.
The regulatory case follows Bezeq's fiber expansion. In the first quarter of 2026, the company reported core revenue of NIS 2.03 billion, up 2.6 percent from NIS 1.98 billion a year earlier, while comparable net profit rose 4.2 percent to NIS 300 million, according to Bezeq.
What changed in recent months?
The chronology shows three dated developments. On May 13, 2026, Bezeq reported first-quarter free cash flow of NIS 455 million, up 74 percent year over year, in its investor release. On September 15, 2026, Zonebourse reported that Bezeq's board had extended its submarine cable memorandum with Telecom Italia Sparkle by 45 business days. On October 6, 2026, ice reported the proposed yes merger and its ILS 1.2 billion potential tax benefit.
The next concrete milestone is the public hearing described for October 2026, while the report places a final merger decision in 2027. The dates are regulatory milestones rather than completed transactions.
What does the stock picture show?
Bezeq's latest TASE quote was ILA 726.20 on October 15, 2026 at 12:07 p.m. IDT. The finance quote placed the 52-week range at ILA 625.10 to ILA 913.60, giving investors a dated market frame for the regulatory story.
Stock range sets the frame
The share price sits between its recorded 52-week low and high, while the merger proposal remains subject to public review. Bezeq's operating figures provide the measurable base for assessing whether any future regulatory change converts into recurring profit.
Bezeq stock key facts
- Company: Bezeq The Israel Telecommunication Corp. Ltd
- ISIN: IL0002300114
- Ticker: BEZQ
- Primary exchange: TASE
- 52-week range: ILA 625.10-ILA 913.60 (as of October 15, 2026)
- Sector / Industry: Telecommunication Services / Wired Telecommunications Services
Market context: Market report TA-35.
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