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Bezeq Telecom Announces Q3 Result

Financial results News - Published on Thu, 21 Nov 2019

Image Source: timesofisrael
Israel’s largest telecoms group Bezeq Israel Telecom reported a profit of 191 million shekels (USD 55 million), down from 234 million a year earlier due to higher financing expenses. Revenue fell 2.3% to 2.25 billion shekels. The company maintained its 2019 forecast of a net loss of 1.1 billion shekels.

Bezeq is the dominant telecoms group in Israel and owns mobile phone operator Pelephone, satellite TV firm YES and internet service provider Bezeq International.

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Posted By : TelecomGuru on Thu, 21 Nov 2019
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