Immediate Report - Court ruling in class action suit against Bezeq International
Immediate Report
Court ruling in class action suit against Bezeq International
Tel Aviv, Israel – July 10, 2019 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), provides an update today further to the Company's immediate reports dated December 11, 2011 and March 14, 2016 and further to section 4.12.1.A of the Chapter on the Description of the Company’s Operations in the 2018 Periodic Report regarding a claim and class action certification motion filed against the subsidiary Bezeq International Ltd. ("Bezeq International") in the Central District Court of Lod.
The claim concerns allegations that during October 2011 Bezeq International failed to provide its Internet customers with the connection speed it had undertaken in the contract.
An immediate report is hereby submitted that on July 9, 2019, the Company received notification from Bezeq International that a judgement was handed down by the Court that approves the class action and obliges Bezeq International to pay compensation to its private Internet customers in the total amount of NIS 9 million.
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.