Bezeq to pay NIS 246m dividend
Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) ended 2022 with revenue of NIS 9 billion, up 1.9% from 2021. Adjusted net profit totaled NIS 1.2 billion in 2022, up 3.6% from 2021.
The company reduced its…
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Bezeq
Partner signs NIS 1b Bezeq fiber optic deal
Partner Communications Co. Ltd. (Nasdaq: PTNR; TASE:PTNR and Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) have announced the signing of a long-term irrevocable right-of-use (IRU) agreement. As part of the…
Bezeq Int’l to lay off 50% of workforce
Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) Internet and international calls unit Bezeq International is to lay off 50% of its workforce. An estimated 300 tenured employees will lose their jobs as well as an…
Bezeq infrastructure price cut for periphery
Israel's Ministry of Communications has cut the tariff for using the Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) infrastructure in the peripheral regions where it will not be laying fiber optic cables. Bezeq…
Bezeq results boosted by fiber optic deployment
Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) today reported first quarter revenue of NIS 2.26 billion, up 1.5% from the first quarter of 2021. Net profit in the first quarter of 2022 was NIS 282 million, down…
Bezeq names Ran Guron CEO
Ran Guron has been appointed CEO of telecommunications company Bezeq (TASE: BEZQ) in place of David Mizrahi, who stepped down after four years in the post. Guron was the candidate preferred by Bezeq chairperson Gil Sharon…
Bezeq CEO David Mizrahi resigns
Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) CEO David Mizrahi has announced that he is stepping down after four years in the job. Sources believe that Mizrahi is about to found an investment fund for…
Bezeq reports first annual revenue growth since 2016
Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) said it will issue a dividend for the first time since 2018, totaling 50% of the net profit of NIS 240 million in the fourth quarter of 2021.
In its fourth…
Communications Minister approves cut in Bezeq tariffs
Current monthly Bezeq bills for consumers are typically about NIS 50-60 per month and they should fall to NIS 30-40 by 2023.
Minister of Communications Yoaz Hendel…
Bezeq profit higher despite fiber optic investment
Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) reported revenue of NIS 2.14 billion in the third quarter of 2021, down 1.7% from the corresponding quarter of 2020. Adjusted net profit was NIS 295 million, up…