Channel 2 began its broadcasting on November 4, 1993. With the channel's establishment, three concessionaires were chosen: "Keshet", "Telad" and "Reshet". The three concessionaires which received a broadcasting contract for one decade decided they would exchange amongst themselves the broadcasting days in a week so that one gets three broadcasting days, and the other two get two.
In April 2005, a decision was made by a committee of the communication ministry, that by the end of the decade only two concessionaires will receive broadcasting contracts for the following decade. Of the four competitors (the fourth being "Kan"), "Keshet" and "Reshet" were chosen to lead the broadcasting schedule. Telad which lost the concessionaires broadcasting bid ceased to broadcast on Channel 2 on the night of 29 October 2005.
Keshet and Reshet currently broadcast 3 or 4 days a week - and change every 2 years.