B Communications Ltd. (NASDAQ Global Select Market and TASE: BCOM)
announces that its controlled Subsidiary, Bezeq, the Israel
Telecommunication Corp. (TASE: BEZQ), has updated its 2015 Group Profit
forecasts, as follows:
• The Net profit attributable to Bezeq’s shareholders is expected to be
approximately NIS 1.7 billion.
The execution and realization of the Bezeq’s transaction with Eurocom
DBS for the acquisition of Eurocom DBS’s entire holdings in DBS (YES) as
well as the amendment to the special collective labor agreement will not
affect the forecast.
The forecasts are based on the assessments, assumptions and expectations
of Bezeq, and in addition - the forecasts do not include the effects of
provisions related to early retirement of employees.
Doron Turgeman, CEO of B Communications said today, “We are very pleased
with Bezeq announcement and with the fact that Bezeq will probably hit
and improve its 2015 net profit gaudiness. Bezeq, continues to provide
its investors a steady return that enhances its investors' overall
financial position and capabilities.”
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