Bezeq The Israeli Telecommunication Corp Ltd — Cyborg Score 6/10

Solid
Telecommunications - Fixed-Line, Broadband & Mobile Services

Strategic Profile

With a leading market share in fixed-line services, Bezeq continues to invest in infrastructure upgrades to maintain its pivotal role in the national telecommunications ecosystem. Though still the most dominant provider of telephone services, it has had competition from the sole cable provider in the country (since September 2006), Hot, which offers cable based telephone and internet access services as of 2005, and with 012 Smile and more recently 013 netvision and Orange.

Cyborg Score Rationale

Bezeq maintains market dominance in Israeli fixed-line telecommunications with strong infrastructure investments and completed fiber modernization. However, competitive pressure from cable and alternative providers, regulatory challenges, and ongoing management transitions limit upside potential.

Top Insights

  • Completed four-year fiber-optic project in 2025, a major infrastructure milestone supporting subscriber growth and operational efficiencies
  • 2024 consolidated revenues of 8,884 million Israeli shekels with net income of 1,072 million shekels, reflecting steady financial performance
  • CFO transition underway in Q2 2026 after four years; company also partnered with HEQA Security on quantum-safe encryption initiatives
  • Approximately 5,425 employees as of December 2024 supporting extensive telecommunications operations

Named Competitors

  • Cable Telephone & Internet — Israel's primary cable service provider offering bundled communications
  • Mobile Services — Mobile-focused Israeli telecommunications providers
  • Alternative ISP — Competing internet service providers in Israel

Recent Developments

  • (Q2 2026) CFO Tobi Fischbein stepping down after four years
  • (2025) Completion of four-year fiber-optic infrastructure rollout project
  • (2024) New CEO Nir David appointed, assuming role on April 1, 2024

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