The BAC company, which manufactured the pagers that exploded in Lebanon on Tuesday, was set up by Israel as part of a complex operation, The New York Times reported.

The Hungarian-based BAC held a license to use the Taiwanese company Apollo Gold's branding.

The explosions, which on Tuesday affected pagers and on Wednesday affected hand-held radios, targeted Hezbollah terrorists almost exclusively: Out of over 3,000 injured and less than 40 dead, just four of the victims were allegedly unconnected to Hezbollah - among them the son of a Hezbollah-affiliated Lebanese MP. The son himself, however, had on his person a Hezbollah pager, casting doubts on claims that he was a civilian.

The Times noted that the Wednesday explosions may have involved "more explosives" than Tuesday's.... Read More: Arutz-7