0
General

Bezeq revenues fall 4.4% to ILS 2.26 bln in Q1

Friday 31 May 2019 | 12:48 CET | News
Israeli operator Bezeq's revenue decreased by 4.4 percent to ILS 2.26 billion in the first quarter compared to ILS 2.36 billion in the same period in 2018. The decrease was due to lower revenues in all key group segments. Net profit however increased by 15.4 percent to ILS 300 million, thanks to an increase in operating profit and lower financing expenses. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Bezeq
Countries: Israel
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Bezeq may write down up to ILS 2.1 bln in Q2

Published 26 Aug 2019 10:44 CET | Israel
Israeli operator Bezeq said it may write down as much as ILS 2.1 billion in the second quarter from its mobile and satellite TV ...

Bezeq Israel raises ILS 890 mln in private bond sale

Published 11 Jul 2019 17:07 CET | Israel
Bezeq Israel said it has raised ILS 890 million in a private offering of two bond series to institutional investors, Globes ...

Bezeq owner approves takeover offer from Searchlight group

Published 20 May 2019 11:41 CET | Israel
Israel's B Communications, the controlling shareholder of operator Bezeq, said bondholders of the company and Internet ...

Bezeq drops plan for capital increase after shareholder dissent

Published 09 Apr 2019 09:11 CET | Israel
Bezeq Israel announced that it is scrapping plans to increase the company's equity. The proposal for a rights issue was removed ...

Bezeq Israel revenues fall 4.8% to ILS 9.32 bln in 2018

Published 28 Mar 2019 16:03 CET | Israel
Bezeq Israel said revenues fell 4.8 percent year-on-year to ILS 9.32 billion for full year 2018. Revenues for the fourth quarter ...

Bezeq cuts 2018 profit outlook by 15%

Published 27 Feb 2019 14:43 CET | Israel
Israeli operator Bezeq said its profit for the year 2018 will be 15 percent lower than its previous guidance. The company said ...