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February 10, 2016 7:55 PM ET

Diversified Telecommunication Services

Company Overview of Bezeq International Ltd.

Company Overview

Bezeq International Ltd. provides Internet and international telecommunications services to businesses and homes in Israel and internationally. The company offers communications solutions in Internet, telephony (international, domestic, and intra-organizational), IT and cloud computing, hosting and co-location, data communications, DR, and information security solutions. It also markets and maintains call centers, IP communication, and telephone networks; offers carrier wholesale services that include global data solutions, data center, JONAH cable system, telephony services, and voice solutions; and provides ICT services, including IT systems, computerized infrastructures, MDM, information ...

40 Hashacham Street

Ramat-Siv

PO Box 7097

Petach Tikva,  4951731

Israel

Founded in 1996

Phone:

972 3 920 3170

Fax:

972 3 925 7674

Key Executives for Bezeq International Ltd.

Chief Executive Officer
Age: 56
Compensation as of Fiscal Year 2015.

Bezeq International Ltd. Key Developments

Bezeq International Ltd. Faces a Class Action Certification Motion in the Central District Court

On December 29, 2015, Bezeq - The Israel Telecommunication Corp. Ltd. received a notice from its subsidiary, Bezeq International Ltd. regarding a claim together with a class action certification motion filed against it with the Central District Court. The claim was filed on grounds that Bezeq International charged customers who subscribed to an international calling plan a 'premium rate' which was higher than the rate that was set and agreed upon in the plan. According to the petitioners, Bezeq International excluded overseas landline destinations from the plan and defined them as "premium destinations" without any basis and while misleading customers. The petitioners did not explicitly state the claim amount against Bezeq International.

Bezeq International Ltd. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Bezeq International Ltd. reported unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the nine months, revenues from services were ILS 1,173 million against ILS 1,105 million last year. Operating profit was ILS 182 million against ILS 175 million last year. Profit before income tax was ILS 176 million against ILS 169 million last year. Profit for the period was ILS 130 million against ILS 124 million last year. For the third quarter, revenues from services were ILS 389 million against ILS 385 million last year. Operating profit was ILS 59 million against ILS 59 million last year. Profit before income tax was ILS 56 million against ILS 57 million last year. Profit for the period was ILS 41 million against ILS 42 million last year. EBITDA was ILS 92 million against ILS 92 million last year. Cash flow from current operations was ILS 69 million against ILS 71 million last year. Payments for investments in property, plant and equipment and intangible assets were ILS 28 million against ILS 27 million last year.

Bezeq International Ltd. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2014

Bezeq International Ltd. announced unaudited consolidated earnings results for fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenues of ILS 398 million, operating profit of ILS 57 million, EBITDA of ILS 90 million, net profit of ILS 40 million, cash flows from operating activities of ILS 71 million compared to the revenues of ILS 369 million, operating profit of ILS 56 million, EBITDA of ILS 89 million, net profit of ILS 38 million, cash flows from operating activities of ILS 77 million for the same quarter a year ago. For the year, the company reported revenues of ILS 1,504 million, operating profit of ILS 232 million, EBITDA of ILS 362 million, net profit of ILS 164 million, cash flows from operating activities of ILS 311 million compared to the revenues of ILS 1,433 million, operating profit of ILS 227 million, EBITDA of ILS 357 million, net profit of ILS 158 million, cash flows from operating activities of ILS 288 million for the previous year.

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