Matav- Cable Systems Media Ltd - Adr - MATV- Profile

MATAV-Cable Systems Media Limited. The Group's principal activity is the provision of broadband cable television services in Israel. It owns substantially all of its cable television network infrastructure and provides cable television services to approximately 26.4% of all cable television subscribers in Israel. The exclusive franchises cover four operating areas, three of which include the major metropolitan areas of Bat-Yam - Holon, Haifa, Netanya - Hadera and one of which serves the less densely populated area of the Galilee. Other Group's activities include the provision of access to high speed Internet over cable and investment in telecommunications companies. Cable television accounted for 89% of 2004 revenues and Internet, 11%