Bezeq reveals strong first quarter

30 May 2007

Bezeq has reported that group revenue for the first quarter of 2007 came in up 2.5% year-on-year to ILS3.09 billion (USD768.2 million). EBITDA grew 12.5% to ILS1.1 billion, while operating income and net income both rose 27% to ILS657 million and ILS399 million respectively. Strong performance from its international and mobile operations helped it to offset 0.8% decline in revenue from its wireline division.

Israel, Bezeq (Israel Telecommunication Corporation)