Israeli telecommunications company Bezeq has decided to sell some of its unused properties on the Internet, reported Globes.

The company has created a special website through which marketing properties worth about 120 million shekel (30.1 million dollars).

Earlier this year the company decided to sell the properties, which are no longer used or could be released to reduce reduce its operating expenses.

The new site which is not Hebrew, provides detailed information on all properties, as visitors can download documents and presentations sample contracts.

The properties include the office of 860 square meters, shop with an area of 107 square meters in business building in the city of Beer Sheba, and office and commercial area of 2 430 square meters in Ashkelon.

Before its privatization a few years ago Bezeq was the sole provider of telecommunications services in Israel, had a monopoly on Internet infrastructure in the country. In May 2005 it was privatized, and 30 percent of its capital was acquired for 972 million dollars by an investment consortium led by media tycoon Haim Shaban and investment group Apax Investment.

In September this year the consortium has acquired an option to purchase another 10.66 percent of the company's capital to 318 million dollars.