October 01, 2014 2:53 AM ET

Diversified Telecommunication Services

Company Overview of Bezeq International Ltd.

Company Overview

Bezeq International Ltd. operates as an Internet and international telecommunications provider for business sector and households in Israel and internationally. It provides communications solutions in Internet (ISP), telephony (international, domestic and intra-organizational), IT and cloud computing, hosting and co-location, data communications, DR, and information security solutions. The company provides global data solutions, including IPLC solutions, MPLS networks, access via interconnects with domestic third party MPLS, remote Internet; and retail and wholesale voice services, as well as ISDN, Signaling, SMS transit, and voice conferencing. It also offers submarine cable communications ...

40 Hashacham Street

Ramat-Siv

PO Box 7097

Petach Tikva,  4951731

Israel

Founded in 1995

Phone:

972 3 925 7422

Fax:

972 3 925 7674

Key Executives for Bezeq International Ltd.

Chief Executive Officer
Age: 54
Compensation as of Fiscal Year 2014.

Bezeq International Ltd. Key Developments

Bezeq International Announces Management Changes

The board of directors of Bezeq approved the appointment of Moti Elmaliach as CEO of Bezeq International. For the past eight years he has been the CEO of Eurocom Digital Communications. He is deeply familiar with, and has vast experience in, the telecom and communications solutions markets for both the private and business sectors. Mr. Elmaliach replaces Itzik Benbenisti, who served as CEO of Bezeq International for the last seven years.

Bezeq International Ltd. Reports Audited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013

Bezeq International Ltd. reported audited earnings results for the fourth quarter and full year ended December 31, 2013. For the year, the company reported total revenue of ILS 1,433 million compared to ILS 1,340 million for the same period a year ago. Operating profit was ILS 227 million compared to ILS 219 million last year. Earnings before income tax, depreciation and amortization were ILS 357 million compared to ILS 355 million last year. Net profit was ILS 158 million compared to ILS 160 million last year. Cash flow from current operations was ILS 288 million compared to ILS 272 million last year. Payments for investments in property, plant and equipment and intangible assets were ILS 97 million compared to ILS 173 million last year. Free cash flow was ILS 191 million compared to ILS 99 million last year. For the quarter, the company reported total revenue of ILS 368 million compared to ILS 339 million for the same period a year ago. Operating profit was ILS 56 million compared to ILS 61 million last year. Earnings before income tax, depreciation and amortization were ILS 89 million compared to ILS 95 million last year. Net profit was ILS 38 million compared to ILS 45 million last year. Cash flow from current operations was ILS 77 million compared to ILS 87 million last year. Payments for investments in property, plant and equipment and intangible assets were ILS 18 million compared to ILS 38 million last year. Free cash flow was ILS 59 million compared to ILS 49 million last year.

Bezeq International Establishes Point of Presence in Hong Kong

Bezeq International has established a point of presence in Hong Kong, its first foothold in the Far East, for customers seeking communications services with Israel. The point of presence was established at a site of global IBX data centre Equinix in Hong Kong's financial district. The site is connected to over 50 infrastructure providers, giving Bezeq International access to international carriers such as Hutchison Telecommunications International, China Telecom and PCCW. The operator is expanding its international operations following the deployment of its undersea cable.

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