Bezeq Israel Telcm Un/Adr (BZQIY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome everyone and thank you for joining us on BESEC first quarter earnings call. We first apologize for the inconvenience. Due to technical difficulties, we are hosting one call in English today. For Hebrew speakers, there will be time to ask your questions in Hebrew at the end of the English Q&A session. I am Yochai Benitez, CFO of the BESEC Group. Joining me today are Mr. Tom Edraved, BESEC Executive Chairman, Mr. Nir David, CEO of PESEC Six Line, and Mr. Ilan Sigal, CEO of Telephone NS. 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 Bevec's six-line results, and Ilan, who will cover the results from Palafon and Yes. I will conclude the presentation with Bevec International. Thank you. Hi. I'm glad to see all of you joining us today. I apologize again for the inconvenience. Our excellent results are further evidence of Bevec's group's strengths. 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 free cash flow growth of 74% in the first quarter, along with continued growth in comparable EBITDA and net profits. We have reached a significant milestone with the deployment of fiber infrastructure to 3 million households, a figure that establishes Bezex as Israel's digital backbone. Together with our investment in national infrastructure, we are advancing with determination on several new subsea...