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Bezeq The Israel Telecommunication Corp. Ltd (BZQIY) Q1 2...
2026-05-14 · via All Articles on Seeking Alpha

Bezeq The Israel Telecommunication Corp. Ltd (BZQIY) Q1 2026 Earnings Call May 13, 2026 9:00 AM EDT

Company Participants

Yochai Benita - Group Chief Financial Officer
Tomer Raved
Nir David - Chief Executive Officer
Ilan Sigal - CEO of Pelephone & DBS

Conference Call Participants

Ondrej Cabejšek - UBS Investment Bank, Research Division

Presentation

Yochai Benita
Group Chief Financial Officer

Welcome, everyone, and thank you for joining us on Bezeq's First Quarter Earnings Call. We first apologize for the inconvenience. Due to technical difficulties, we are hosting one call in English today. [Operator Instructions] I am Yohai Benita, CFO of the Bezeq Group. Joining me today are Mr. Tomer Raved, Bezeq Executive Chairman; Mr. Nir David, CEO of Bezeq Fixed Line; and Mr. Ilan Sigal, CEO of Pelephone and yes.

Before we begin, please review the safe harbor statement on Slide 2 of our presentation, which applies to any statement made during today's call. Following our prepared remarks, we will open the call for Q&A.

With that said, let me now turn the call over to Tomer for his opening remarks. After his introduction, I will continue the presentation of our group's financial highlights, followed by Nir, who will discuss Bezeq's Fixed Line results; and Ilan, who will cover the results from Pelephone and yes. I will conclude the presentation with Bezeq International.

Tomer Raved

Thank you. Hi. I'm glad to see all of you joining us today and apologize again for the inconvenience. Our excellent results are further evidence of Bezeq Group's strength. The new strategy and the ambitious targets we have set for ourselves are clearly reflected in our operational and financial performance. We have already recorded a free cash flow growth of 74% in the first quarter, along with continued growth in comparable EBITDA and net profit.

We