BEZEQ - Immediate Report - Class action against DBS - Update (Settlement)
Class action against DBS - Update (Settlement)
Tel Aviv, Israel – June 10, 2019 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced today that following previous reports on this matter, first reported on June 11, 2014, on June 6, 2019, Bezeq received an update from DBS Satellite Services (1998) Ltd. (“DBS”) regarding the class action and the request to certify it as such against DBS in the matter of alleged installation of electricity-powered equipment (satellite dishes and other equipment) in condominiums without the consent of tenants, and charging for electricity both tenants that are customers of DBS and tenants who are not.
On June 6, 2019, DBS reported that it reached a settlement with the petitioners in the amount of NIS 4 million to be paid by DBS. In the settlement, it was also established that DBS will act to inform future condominiums on the cost of electricity in the buildings and will allow them to disconnect their receiver equipment from the shared electricity source.
The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.