Immediate Supplementary Report – Supervision and financial sanction report
Immediate Supplementary Report – Supervision and Financial Sanction Report
Further to the Company’s immediate report of December 29, 2018 regarding a report on the supervision and financial sanction imposed on the Company for its wholesale telephony service, and further to the description in section 2.16.4.4 of the Chapter on the Description of the Company’s Operations in its 2020 Periodic Report regarding the petition the Company filed against the decision to impose the financial sanction (“the Decision”), an immediate supplementary report is hereby provided that on April 18, 2020, a court judgement was handed down, rejecting the Company’s petition.
The Company is studying the judgement. It should be noted that the total sum of the said sanction, amounting to NIS 11.2 million had already been paid by the Company shortly after the decision date.
Sincerely,
Bezeq the Israeli Telecommunication Corp. Ltd.
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.