On January 3, 2018, Bezeq The Israel Telecommunication Corporation Limited received notice of a strike or shutdown in accordance with the settlement of labor disputes Law, 5717-1957 (hereinafter, the notice), which was declared and approved by the New General Federation of Labor, as of January 14, 2018. The matter in dispute, according to the notice, is a demand for negotiations and the signing of a collective agreement regarding the implications of the transaction underway for the transfer of control in the company to the employees. The company is unable to evaluate the implications of such notice at the present stage.