Israel’s Bezeq Telecom Q2 profit slips on Israel-Hamas war

JERUSALEM: Bezeq Israel Telecom reported a dip in quarterly net profit, citing lower revenue in its fixed line and mobile unit as a result of Israel’s war with Palestinian Hamas militants in Gaza.

Bezeq, Israel’s largest telecoms group, said on Wednesday it earned an adjusted 292 million shekels ($76 million) in the second quarter, compared with 354 million a year earlier.