Menu JTA Search

Bezek Reports Record Profits

The Bezek phone company has reported record profits for 1995, which was attributed to the boom in cellular phones.

Bezek profits last year totaled about $183 million.

The company is getting ready to face competition in 1997, when the Communications Ministry will decide which two providers will be able to offer long-distance service in Israel in addition to Bezek.

Among the companies being considered are: BellSouth BellAtlantic, Southwestern Bell, British Telcom, MCI and Sprint.

NEXT STORY