Bezeq reports a net profit of $117 million in Q3’08 (Israel)

Bezeq Israel Telecom Ltd is an Israel-based telecommunication services provider. Bezeq has announced its third quarter results. It posts a net profit of 462 million shekels ($117 million). The revenue increased 0.6 % to 3.159 billion shekels. Bezeq’s Chief Financial Officer, Alan Gelman, said the copany generated its strongest free cash flow performance in nearly two years, enabling it to execute network investments.
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