Exhibit 99.1
“Bezeq” The Israel Telecommunication Corp Limited
(“Bezeq”)
September 22, 2019
Attn. | Attn. |
Israel Securities Authority | The Tel-Aviv Stock Exchange Ltd |
Dear Sir or Madam,
Re:Immediate Report - Work Stoppage at Pelephone
Tel Aviv, Israel - September 22, 2019- Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced today that further to Bezeq’s report dated June 7, 2018 and to Section 1.8 of the Chapter on the Description of Bezeq’s Business in Bezeq’s 2018 Periodic Report regarding the announcement of its subsidiary, Pelephone Communications Ltd. (“Pelephone”), concerning the receipt of notice of strike declaration/work stoppage in accordance with the Law for the Settlement of Labor Disputes, 1957, an immediate report is hereby provided.
On September 21, 2019, Pelephone notified Bezeq that Pelephone’s labor union began the continuous imposition of a variety of sanctions that lead to a work stoppage of some of Pelephone’s activities.
Bezeq and/or Pelephone cannot estimate the duration and extent of these sanctions, nor can Bezeq and/or Pelephone assess the effects of such sanctions at this stage.
Yours sincerely,
“Bezeq” The Israel Telecommunication Corp Limited
The above information constitutes a translation of the Immediate Report published by Bezeq. The Hebrew version was submitted by Bezeq 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.