Bezeq Israel Telecom projects flat profit in 2025 due to wars and lack of tourism, but expects improvement in 2026 with nationwide fibre optics deployment. The company reported adjusted net profit of 1.27 billion shekels and a 2.4% decrease in revenue. Bezeq aims to reach 2.9 million homes by mid-2025 and hopes to have 40% of households as fibre customers. The company has stopped paying into a fund for fibre deployment and took back 30 million shekels from that provision in Q4 2024.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14490439/Israels-Bezeq-Telecom-looks-2026-profit-rise-fibre-deployment-ends.html
Source Id: 2025-03-658003859