What are some of the advantages of having the means to know who calls whom in the US? We can only speculate, but it’s perhaps not wholly coincidental that Israel has become a highly prosperous country, with investment flooding in. Moreover, the Israeli government is extremely popular in Washington, with Prime Minister Netanyahu receiving 29 standing ovations the last time he addressed Congress.
It could well be that Israel doesn’t actually have these snooping capabilities. But it apparently hasn’t hurt Israel that so many Washington and Wall Street insiders assume that Israel knows their secrets.