Bezeq Israel Telecom profit climbs as capex falls

JERUSALEM: Bezeq Israel Telecom reported higher fourth-quarter and 2025 net profit on Monday, as a drop in capital spending following completion of its fibre network rollout offset a dip in revenue.

Israel’s largest telecoms group earned an adjusted 428 million shekels ($138 million) ‌in October ⁠to ⁠December, up 17% from a year earlier. Revenue slipped 1% to 2.19 billion shekels.

For 2025, adjusted net profit rose 31% to 1.66 billion shekels.