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.

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