Internet Gold Reports Financial Results For the Fourth Quarter and Full Year of 2018
INTERNET GOLD GOLDEN (IGLD)
US:NASDAQ Investor Relations:
igld.com
Company Research
Source: GlobeNewswire
- The company withhold payments to its debenture holders until further notice and due to that long-term debt was classified to current maturities - Ramat Gan, Israel, March 28, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (“the Company”) (NASDAQ Global Select Market and TASE: IGLD), a holding company with the controlling interest in B Communications Ltd. (NASDAQ and TASE: BCOM), which in turn holds the controlling interest in Bezeq, The Israel Telecommunication Corporation Ltd. (TASE: BEZQ), today reported its financial results for the fourth quarter and year ended December 31, 2018. In January 2019, the Company reported that because of its inability to sell its ownership interest in its B Communications subsidiary to generate funds, it intends to withhold payments to its debenture holders until further notice. Taking into consideration the accounting and financial circumstances with respect to the results and valuations of our subsidiary, Bezeq, which were
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