Bezeq plans yes merger and Bezeq The Israeli Telecommunication stock costs ILA 703.40

Bezeq was tied to a proposed merger with yes that could create an ILS 1.2 billion tax benefit over 10 years, while Bezeq The Israeli Telecommunication stock traded at ILA 703.40 on October 13, 2026. Economix reported on October 6 that Israeli ministries were preparing to end the structural separation between Bezeq and yes, with a public hearing planned before any final decision.

Three milestones shape the case

On May 13, 2026, Bezeq reported first-quarter core revenue of NIS 2.03 billion, up 2.60 percent from the comparable period. The release also showed free cash flow of NIS 455 million, up 74 percent, with the comparison affected by a tax refund and working-capital changes, according to Bezeq.

On August 5, 2026, MarketScreener listed Bezeq's second-quarter results and reported a 38.00 percent year-over-year profit increase. On October 6, 2026, the merger proposal became the latest major development, with accumulated yes losses of ILS 5.3 billion identified as the potential tax base.

What does the merger mean for profit?

The proposed structure would let Bezeq use yes losses against group profits, creating the potential for an ILS 1.2 billion tax benefit across 10 years. The same proposal would allow integrated internet and television packages, but regulators are expected to preserve operational separation between Bezeq's infrastructure and retail operations.

That regulatory condition matters because Bezeq's retail internet share was reported at 35.00 percent in October 2026. A merger could improve package economics, yet the final benefit depends on a public hearing, competition safeguards and approval steps that place implementation no earlier than 2027.

Dividend payment date approaches

Simply Wall St lists October 14, 2026 as the dividend payment date after a September 15 ex-dividend date. The same page lists a cash dividend of ILS 415 million approved on August 31, 2026.

Stock remains inside its yearly range

On the Tel Aviv listing, Bezeq traded at ILA 703.40 on October 13, 2026 at 10:59 a.m. IDT. The price stood between the ILA 625.10 52-week low and the ILA 913.60 52-week high, leaving the merger process and the dividend date as the next concrete reference points for the stock.

Market context: Market report TA-35.

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