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IGLDF Internet Gold Golden Lines Ltd (CE)

1.97
0.00 (0.00%)
13 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Internet Gold Golden Lines Ltd (CE) USOTC:IGLDF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.97 0.00 01:00:00

Report of Foreign Issuer (6-k)

04/01/2016 11:07am

Edgar (US Regulatory)


 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

F O R M 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2016

 

INTERNET GOLD-GOLDEN LINES LTD.

(Name of Registrant)

 

2 Dov Friedman Street, Ramat Gan 5250301, Israel

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒           Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ☐           No ☒

 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ___________

 

 

 

 

 

Internet Gold-Golden Lines Ltd.

 

EXPLANATORY NOTE

 

The following exhibit is attached:

 

EXHIBIT NO.   DESCRIPTION
     
99.1   A report of Bezeq - The Israel Telecommunication Corp. Ltd., a controlled subsidiary of B Communications Ltd., itself a subsidiary of Internet Gold, filed with the Israel Securities Authority and the Tel Aviv Stock Exchange - Hearing on Rate Policy and Transparency in the MCT Market.

 

 2 

 

 

SIGNATURE 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. 

 

  INTERNET GOLD-GOLDEN LINES LTD.
                         (Registrant)
     
  By /s/ Doron Turgeman
    Doron Turgeman
    Chief Executive Officer

 

Date: January 4, 2016

 

 3 

 

 

EXHIBIT INDEX 

 

EXHIBIT NO.   DESCRIPTION
     
99.1   A report of Bezeq - The Israel Telecommunication Corp. Ltd., a controlled subsidiary of B Communications Ltd., itself a subsidiary of Internet Gold, filed with the Israel Securities Authority and the Tel Aviv Stock Exchange - Hearing on Rate Policy and Transparency in the MCT Market.

 

 

 

4

 

 



EXHIBIT 99.1

 

Bezeq - The Israel Telecommunication Corp. Ltd. (the “Company”)

 

To: The Tel Aviv Stock Exchange

       The Israeli Securities Authority

 

Hearing on Rate Policy and Transparency in the MCT Market

 

On December 30, 2015, the Company received the notification of the subsidiary, DBS Satellite Services (1998) Ltd. ("DBS"), regarding a hearing which was announced on the same day by the Ministry of Communications and addressed to the multi-channel television ("MCT") market, including DBS, on the subject of "Setting a Rate Policy and Implementation of Transparency Guidelines."

 

The hearing was preceded by the decision of the Chairman of the Council for Cable TV and Satellite Broadcasting ("the Council") not to approve at this point in time the new special offer appendices that were submitted by DBS in connection with an increase in the price of its VOD services, because of prima facie concerns that they are discriminatory. Concurrently, the Chairman of the Council also decided not to approve increases in various rates about which the owner of the general cable TV broadcasting license had notified the Council.

 

At the hearing it was said that the Council believes that the current structure of rates in the MCT market poses significant harm to competition and gives rise to prima facie concerns about discrimination and deception. Therefore, the Council held a hearing on its intention to establish a comprehensive policy for rates in the MCT market, including various recommendations which are detailed in the complete hearing document attached to this report.

 

The Council further decided, in the framework of the hearing, to make it obligatory to disclose all the price lists and special offers of the companies in the MCT market, by way of an amendment to the companies' licenses, such that they will be required to publish on their website all the special offers made, today and henceforth, to all their customers, in accordance with the principle of transparency.

 

The Council decided, in addition, that at this stage, price increases in the MCT market will be frozen temporarily up to the completion of the hearing proceedings within a short while, and the companies also will not be allowed to propose new special offer appendices.

 

DBS is studying the details and implications of the hearing, and it and the Company are unable as of now to assess the effects of the hearing on DBS. DBS plans to submit its comments on the hearing by the deadline set for responses, February 1, 2016.

 

The above summary constitutes a translated summary of 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.

 

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