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Stop CPP investments in firms selling military, police, spy or prison-related products
to Israel

Bezeq Canada
in 2011

$9 million

This is the online version of
Profiting from Israeli Apartheid:
Canada Pension Plan (CPP) Investments in Corporations Supporting Israel’s Military-, Police-, Surveillance-, Prison-Industrial Complex (Part 1)"
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Bezeq, which describes itself as "Israel’s largest and leading telecommunications group," has total assets of US$1.1 billion. Until 2005, it was a state-run enterprise with a monopoly on the Israel’s landline telephone system and the country’s internet-access infrastructure.

The online database, "Who Profits from the occupation," sums up Bezeq’s military links saying it provides "telecommunication services to all the Israeli settlements, army bases and checkpoints in the West Bank and to Israeli settlements in the Golan Heights."

The "Who Profits" database also reveals that Bezeq’s wholly-owned subsidiary, Pelephone Communications, built almost 200 antennas and telecommunication facilities on occupied land in the West Bank and the Golan Heights. Pelephone provides cell services to Israeli soldiers and settlers in the occupied territories, including such illegal "outposts" as Havat Gilad near Nablus in the West Bank.

Bezeq also owns YES, an Israeli company that provides satellite broadcasting services to some Israeli checkpoints and to all Israeli settlements.

A high-profile Israeli who was on Bezeq’s board between 2005 and 2007, is retired Brigadier General Pinchas Buchris. Upon leaving Bezeq’s board in 2007, Buchris became the general manager of Israel’s Ministry of Defense, where he remained until 2010. (Buchris was also a director of Gilat Satellite Networks, which provides its services to Israeli military and intelligence agencies.)

Until 2008, Bezeq was the Israeli military’s sole provider of communications services. Israel’s Globes business paper said Bezeq was "considered the [Israel Defense Forces’] IDF’s in-house telecommunications services provider for many years" because there was "no alternative network large enough to provide service to the IDF bases and sites where the army needs telephony services."

A Bezeq subsidiary, Bezeq International, is the Israeli military’s exclusive provider of internet access and secure telecommunications infrastructure. It also supplies landline and cellular modems for thousands of military subscribers. Bezeq International has laid at least 2,700 km of fibre-optic cable for Israel’s military.

In 2009, when Bezeq won the five-year contract to become the Israeli military’s exclusive internet services provider, Globes reported that the company would provide "[i]nternet access and secure telecommunications infrastructure based on both landline and cellular modems for thousands of IDF subscribers."

That same year, Bezeq reported that to conduct its "communications operations" it "holds 60 properties in Israeli settlements in Judea and Samaria, in a total area of approximately 9,300 sq[uare] m[iles] of land." This is the area known outside Israel as the occupied West Bank. Bezeq’s report went on to unashamedly state that "No written arrangement of the contractual rights in these properties exists, but in the Company’s opinion this does not constitute a significant problem."

In 2010, Bezeq won a three-year contract from the Israeli military’s "Home Front Command." In reporting on this, Israel’s Haaretz newspaper explained that the tender was "for the rapid deployment during emergencies of an advanced communications network at distribution centers."



COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and prison-related products.

To read COAT's research on the first half of
these 68 companies, click the pdf links below
to see the print version of Issue 66.  Or, click
each company name for the web version.)
(Articles on the second set of 34 companies
are in Issue #67 of Press for Conversion!):

pdf  3M Co
Amdocs Ltd
pdf  Analog Devices Inc

pdf  AT&T
pdf  BAE Systems
pdf  Bank Hapoalim
pdf  Bezeq
pdf  Bharat Electronics Ltd
pdf  CAE Inc
pdf  Carlyle Group
pdf  Caterpillar Inc
pdf  Cellcom Israel
pdf  Cemex
pdf  Cisco Systems
pdf  CRH plc
pdf  Daewoo Engineering & Construction
pdf  Daimler AG
pdf  Delek Group
pdf  Dell Inc
pdf  Discount Investment Corp
pdf  Doosan Corp
pdf  Eaton Corp
pdf  Elbit Systems
pdf  EMC Corp
pdf  Evraz Group
pdf  Fiat Industrial
pdf  Fiat SpA
pdf  Finmeccanica
pdf  Fujitsu Ltd
pdf  Hewlett-Packard Co
pdf  Hitachi Ltd
pdf  Honeywell International
pdf  Hyundai Motor Co
pdf  Hyundai Heavy Industries

Additional resources from this issue:
Israeli Spy Companies:
Verint and Narus

State-owned Israeli War Industries:
, IMI and Rafael

Vertex Venture Capital:
Investing in Israeli High-Tech Companies

Table listing CPP Investments


Table listing CPP Investments worth $1.5 billion in 66 companies supporting Israel's military, police, surveillance, prison-industrial complex.

Table listing additional investments totalling $4.5 billion by six large Canadian pension funds (including CPP) in the 66 companies researched by COAT.

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Bezeq The Israel Telecommunication Corp. Ltd.

Bezeq - The Israeli Telecommunication Corp.

Pinchus Buchris

"Bezeq rivals set sights on IDF," Globes, June 16, 2008.

Gad Perez, "Bezeq wins Home Front Command emergency tender," Globes, September 7, 2010.

Periodic Report for the Year 2009

Gad Perez, "IDF chooses Bezeq Int’l as ISP," Globes, September 9, 2009.

Chaim Levinson, "Settlement outposts turn to Facebook to spread their message," Haaretz, May 23, 2010.

"A cell-phone holder in every tank," Globes, April 11, 2002.