B Communications Reports Third Quarter 2011 Financial Results.
Business Wire › November 10, 2011
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B Communications Reports Third Quarter 2011 Financial Results.
- Business Plan Continues to Progress Ahead of Schedule - - Another Stable Quarter For Bezeq -
RAMAT GAN, Israel -- B Communications Ltd. (NASDAQ Global Market: BCOM) (TASE: BCOM) today reported its financial results for the third quarter ended September 30, 2011.Bezeq: Another Strong Quarter The Bezeq Group reported another strong, stable quarter, delivering revenues of NIS 2.9 billion (US$ 781 million) and operating profit of NIS 944 million (US$ 254 million) for the period. Bezeq's EBITDA for the third quarter of 2011 totaled NIS 1.3 billion (US$ 350 million), representing an EBITDA margin of 44.6%.Continued Ahead-Of-Schedule Progress for the Company's Financing Plan On October 5, 2011, B Communications received a dividend from Bezeq totaling NIS 464 million (US$ 125 million). The dividend consisted of:* A current dividend of NIS 308 million (US$ 83 million), representing ...See the full content of this document
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