Broadband Internet access contributed NIS 200 million in net revenues to Bezeq in 2003. The company is currently earning NIS 100 million a quarter in revenues from fast Internet, having invested $160 million in ADSL infrastructure over the past five years. Bezeq launched its ADSL services to the public in August 2001 and by the end of 2003, the number of its fast subscribers had reached 430,000. The cable television companies serve another 220,000 fast Internet customers. The cable firms' combined revenues for 2003 are about NIS 2.1 billion ($480m.).
Internet service providers (ISPs) had net revenues of NIS 220-240 million ($53m.) in 2003. The ISP market is highly competitive. Fast Internet had reached an estimated 31 percent of households in Israel by the end of 2003, the third-highest rate in the world, up from 12% at the end of 2002.
Most of the growth in fast Internet in 2003 came from dial-up modem users who switched to fast Internet hook-ups.
Industry sources estimate that this year, the market will reach saturation level and the rate of growth in fast Internet usage will drop drastically.
Income from sales of fast Internet access in Israel passed the NIS 500 ($115m.) million mark in 2003 - up almost 200 percent from 2002 mark of NIS 180 million ($41m.). Bezeq, and three independent cable companies supply the service.