Revenue Update on Internet Gold Golden Lines Ltd(NASDAQ:IGLD)

Internet Gold Golden Lines Ltd(NASDAQ:IGLD) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Nov 23, 2016. Earnings per share were $-2.51.

Internet Gold – Golden Lines Ltd. is a communications company. The Company owns around 66.71% of the shares of B Communications which is its subsidiary. B Communications is the controlling shareholder of Bezeq a telecommunications provider. The Company’s principal asset is its controlling interest in Bezeq. The Company’s business segments include Bezeq – The Israel Telecommunication Corp. Ltd. which his engaged in fixed line domestic communications; Pelephone Communications Ltd. which is engaged in cellular communications; Bezeq International Ltd. which is engaged in international communications Internet services and network end point and DBS Satellite Services (1998) Ltd. which includes multichannel television. Bezeq’s products and services include basic telephony services on domestic telephone lines and associated services and fixed-line broadband Internet infrastructure access services through its nationally deployed infrastructure network.

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