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Bezeq Israel fibre optic to reach one million households by year-end

231 Bezeq The Israel Telecommunication Corp announced that its deployment of an ultra-fast fibre optics network had reached 480,000 homes. Chief Executive David Mizrahi said he expected to reach 1 million households by the end of 2021. In the mobile sector, Bezeq’s subsidiary Pelephone saw an uptick in accesses, reporting a customer base of 2.492 million as of 31 March 2021, up from 2.356 million a year earlier, with growth in both post-paid and pre-paid accesses, which stood at 2.030 million (Mar-20: 1.928 million) and 462,000 (Mar-20: 428,000), respectively. The Israeli communications provider has released its financial results for the quarter ended 31 March 2021, reporting a 1.6% year-on-year increase in revenue, to ILS2.22 billion (USD683 million), with a 3.5% rise in fixed-line revenues.

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