Africa Israel Investments and Polar Communications today officially announced they are to bid for the control in state-run phone company Bezeq.

In order to bid for the control, Africa Israel and Polar Communications founded a company called Lev Arkia, equally owned by the two.

Shrem Fudim Kelner group company Polar Communications is owned by Polar Investments (71.8%), Bank Leumi (9.27%), and the public owns 19.93%.

Bidders must file proposals by 18:00 today.