Reuters: CFO of Israel’s Bezeq Telecom resigns -company
Published on Oct 17 2012 // Business and Financial News, Business and Innovation
Oct 17 (Reuters) – The chief financial officer of Bezeq Israel Telecom will leave his post at Israel’s largest telecoms group at the end of 2012, a statement from the company said on Wednesday.
The company said Allan Gelman, who is also Bezeq’s deputy CEO, had been CFO for five years. It did not give any reasons for his resignation.
Bezeq is facing fierce competition after six new mobile phone operators entered the sector this year. In August, the company warned on full-year profit and revenue after reporting a 29 percent fall in Q2 profit, missing estimates…Read More>>
