Bezeq CEO to step down in 6 months - Israel Business, Ynetnews
 
ynetnews
web


   Israel News

Israel News
World News
Israel Opinion
Jewish
Israel Business
Israel Culture
Israel Travel
Company Changes

Bezeq CEO Avi Gabbay Photo: Ronen Topelberg
Bezeq CEO Avi Gabbay Photo: Ronen Topelberg
 
 

Bezeq CEO to step down in 6 months

Avi Gabbay's resignation follows that of former CFO Alan Gelman, who left Israel's largest telecom group at end of 2012 for Better Place electric car venture

Reuters
Published: 01.22.13, 07:54 / Israel Business

Bezeq Israel Telecom, Israel's largest telecom group, said Chief Executive Avi Gabbay would step down in six months. He is expected to be replaced by former HOT Telecommunication Systems Chairwoman Stella Handler, Calcalist business daily reported.

 

Innovation
Bezeq launches call center inside Bedouin mosque / Ran Rimon
As part of joint Industry Ministry-JDC initiative, 50 Bedouin women operate, manage internet service center in Hura. 'We hope other companies will follow suit,' Minister Simhon says
Full story

"After 14 years with the Bezeq Group and nearly six years as CEO, I felt it was time for me to make a change," Gabbay said in a statement on Sunday.

 

His resignation follows that of former Chief Financial Officer Alan Gelman, who left the company at the end of 2012 for the Better Place electric car venture.

 

Bezeq has undergone deep changes in the past few years as Israel's telecom industry has faced increased competition.

 

Its net profit fell 38% in the third quarter as its mobile phone unit suffered intense competition from the entry of six new operators, which sparked a price war.

 

Bezeq also faces increased competition in the landline phone market, in which it was once a monopoly.

 

Golan Hazani contributed to this report

 

 

commentcomment   PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us



 
1 Talkbacks for this article    See all talkbacks
Please wait for the talkbacks to load

 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions

 
פיקוד העורף התרעה במרחב:
    למציאת מרחב ההתגוננות האישי שלכם »
    פיקוד העורף מזכיר: יש לחכות 10 דקות במרחב המוגן לפני שיוצאים החוצה
    רשימת יישובים במרחב