The General Manager, a director who has been granted executive powers and a majority of the directors of a domestic fixed line telecommunications operator must be Israeli citizens and residents.
"2. The right of the State and licensing obligation
(a) The State has the right to conduct Telecommunication Activities and to provide Telecommunication Services.
(b) No person shall conduct Telecommunication Activities and no person shall provide Telecommunication Services unless it obtains a license therefor from the Minister under this Law or by virtue of a General Permit therefor. 
[...]
4. Grant, change and revocation of licenses
(a) The Minister may grant a license for the conduct of Telecommunication Activities and for the provision of Telecommunication Services, and set out terms and conditions in the license, and he may direct that the license be granted by way of a tender; the license may be general or special; nothing in the grant of a General License shall prevent the grant of a Special License for an Activity or Service included in the General License.
[...]
46. A license application shall be submitted to the Minister in writing, and shall specify the details of the proposed Telecommunication Activities and Telecommunication Services the manner of their performance; the Minister may determine, in regulations, additional details to be included in the application.  [...]
(d2) Without derogating from the provisions of subsections (b) and (e) or section 59, and taking into consideration, inter alia, the considerations said in subsection (b), the Minister may prescribe, by regulations or in a license, provisions concerning the following:
(1) restrictions and conditions in respect of the holding, transferring or purchasing of Means of Control in a license applicant or in a Licensee, including by an Other Licensee under this Law or an Interested Party in any of them, all of which whether directly or indirectly, as well as restrictions and conditions concerning the appointment of Officers therein; [...]" (Communications Law (Telecommunications and Broadcasting) (22.8.1982), last amended 24.12.2020, Sections 2 and 4 [unofficial translation])
-----------------------
"Definitions
1.    In these regulations - [...]
"Means of control of a corporation" - any of the following:
(1) the right to vote at a general meeting of a company or in a parallel body of another corporation;
(2) the right to appoint a director or general manager;
(3) the right to participate in the profits of the corporation;
(4) the right to share in the balance of the corporation's assets at the time of liquidation after the liquidation of its liabilities;
[...]
Prerequisites
11.   
(a) A person in whom all of the following has taken place may apply:
(1) is a company that has been legally incorporated in Israel under the Companies Law, 5769-1999, or another corporation incorporated in Israel under any law, the incorporation of which is intended for the purpose of obtaining the license;
(2) One of the following took place in it:
(A) At least twenty percent of each of the means of control in the applicant is held directly by an Israeli citizen and a resident thereof, or is held by a corporation controlled by an Israeli citizen and resident;
(B) he was given a provision under section 13 of the Act at the request of the General Security Service, and the General Security Service confirmed that it included alternative requirements to the requirement stated in sub-paragraph (a);
(3) The General Manager, a director who has been granted executive powers and most of the directors in the applicant are Israeli citizens and residents.
(b) A person who has been convicted of an offense which, according to its nature, severity or circumstances, is not worthy, in the opinion of the director, to serve as an officer in it, shall not serve as an officer.
(c) In this regulation -
"Citizen of Israel" - as defined in the Citizenship Law, 1952;
"Resident" - within the meaning of the Population Registry Law, 1965.[...]" (Communications Regulation (Telecommunications and Broadcasting) (Procedures and Conditions for Obtaining a General License to Provide Fixed Domestic Telecommunications Services) (25.9.2000), last amended 7.10.2020, Sections 1 and 11 [google translation])
Communications Law (Telecommunications and Broadcasting) (22.8.1982), last amended 24.12.2020, Sections 2 and 4
Communications Regulation (Telecommunications and Broadcasting) (Procedures and Conditions for Obtaining a General License to Provide Fixed Domestic Telecommunications Services) (25.9.2000), last amended 7.10.2020, Sections 1 and 11
[<a href="https://www.nevo.co.il/law_html/Law01/032_002.htm">Law</a>],[<a href="https://www.wipo.int/edocs/lexdocs/laws/en/il/il042en.pdf">Law_Eng</a>],[<a href="https://www.nevo.co.il/law_html/Law01/032_088.htm">Reg</a>]