B Communications Ltd (Nasdaq:BCOM) announced that Eli Holtzman, a co-founder of the company and its chief executive and a director, has retired, effective October 2, 2011.

B Communications Ltd. provides a range of communications services in Israel. It offers a range of telecommunications operations and services, including local fixed-line, cellular, Internet, international communication, multi-channel television, satellite broadcasting, and customer call center.

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