Completion of Network Deployment
Bezeq reached its target of 2.9 million homes passed, completing network deployment across most of Israel. This milestone is set to decrease CapEx starting 2026.
Strong Financial Performance
Core revenues grew by almost 2%, representing 93% of total revenue. Adjusted EBITDA grew by 4% excluding the yes valuation impact, indicating healthy financials.
Growth in Key Performance Indicators
Total fiber subscribers reached 969,000, and 5G subscriber plans reached 1.36 million. Cellular ARPU grew over 4%.
Significant Growth in Adjusted Net Profit
Adjusted net profit grew by 56% due to the increase in the valuation of yes. Even excluding the yes impact, net profit was up by 0.1%.
Increased Investor Interest
Improved macroeconomic environment and strong performance are generating growing interest from investors in Israeli, European, and U.S. capital markets.