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Partner Communications Company Ltd (PTNR.OQ)

PTNR.OQ on NASDAQ Stock Exchange Global Select Market

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17 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Partner Communications Q2 Earnings Per Share NIS 0.01
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Partner Communications Company Ltd ::PARTNER COMMUNICATIONS REPORTS SECOND QUARTER 2018 RESULTS(1).Q2 REVENUE FELL 1 PERCENT TO ILS 797 MILLION.SERVICE REVENUES IN Q2 2018 TOTALED NIS 620 MILLION (US$ 170 MILLION), DOWN 4% FROM NIS 646 MILLION IN Q2 2017.QTRLY EARNINGS PER SHARE NIS 0.01.Q2 CELLULAR ARPU: NIS 57 (US$ 16), A DECREASE OF 8 PERCENT.QTRLY ADJUSTED EBITDA NIS 172 MILLION (US$ 47 MILLION), A DECREASE OF 36%.TV SUBSCRIBER BASE: 83 THOUSAND HOUSEHOLDS AT QUARTER-END.CELLULAR SUBSCRIBER BASE APPROXIMATELY 2.65 MILLION AT QUARTER-END, A DECREASE OF 1%.MONTHLY AVERAGE REVENUE PER USER FOR CELLULAR SUBSCRIBERS IN Q2 2018 NIS 57 (US$ 16), DOWN 8% FROM NIS 62 IN Q2 2017.QUARTERLY CHURN RATE FOR CELLULAR SUBSCRIBERS IN Q2 2018 WAS 10.0%, COMPARED WITH 9.0% IN Q2 2017.  Full Article

Partner Communications Reports Interest Rate For Series D Notes For Period Commencing On July 1 And Ending On September 30, 2018
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Partner Communications Company Ltd ::PARTNER COMMUNICATIONS REPORTS THE INTEREST RATE FOR THE SERIES D NOTES FOR THE PERIOD COMMENCING ON JULY 1, 2018 AND ENDING ON SEPTEMBER 30, 2018.CO'S SERIES D NOTES TO BEAR INTEREST AT RATE OF 0.347% FOR PERIOD COMMENCING ON JULY 1 AND ENDING ON SEPTEMBER 30, 2018.  Full Article

Partner Communications Announces Receiving A Lawsuit And A Motion For The Recognition Of This Lawsuit As A Class Action Filed Against The Company And Against 012 Smile Telecom
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Partner Communications Company Ltd ::PARTNER COMMUNICATIONS ANNOUNCES RECEIVING A LAWSUIT AND A MOTION FOR THE RECOGNITION OF THIS LAWSUIT AS A CLASS ACTION FILED AGAINST THE COMPANY AND AGAINST 012 SMILE TELECOM.PARTNER COMMUNICATIONS COMPANY LTD - CO IS REVIEWING AND ASSESSING LAWSUIT.  Full Article

Partner Communications reports qtrly basic loss per share of NIS 0.30
Thursday, 29 Mar 2018 

March 29 (Reuters) - Partner Communications Company Ltd ::QTRLY TOTAL REVENUES NIS 834 MILLION (US$ 241 MILLION), AN INCREASE OF 2%.CELLULAR SUBSCRIBER BASE APPROXIMATELY 2.67 MILLION AT QUARTER-END.QTRLY CELLULAR ARPU WAS NIS 59 (US$ 17), A DECREASE OF 5%​.QTRLY SERVICE REVENUES NIS 630 MILLION (US$ 182 MILLION), A DECREASE OF 3%.TV SUBSCRIBER BASE WAS APPROXIMATELY 43 THOUSAND HOUSEHOLDS AT QUARTER-END​.QTRLY BASIC LOSS PER SHARE NIS 0.30.QTRLY QUARTERLY CELLULAR CHURN RATE WAS 9.9% VERSUS 9.3% IN Q3 2017.QTRLY EQUIPMENT REVENUES WERE NIS 204 MILLION (US$ 59 MILLION), AN INCREASE OF 21%.NET DEBT DECLINED BY NIS 620 MILLION IN 2017 TO REACH NIS 0.9 BILLION‍​.  Full Article

Partner Communications Says Tamir Amar Has Been Appointed CFO
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Partner Communications Company Ltd ::PARTNER COMMUNICATIONS ANNOUNCES THE APPOINTMENT OF A NEW CHIEF FINANCIAL OFFICER.SAYS TAMIR AMAR HAS BEEN APPOINTED AS CFO OF COMPANY EFFECTIVE FEBRUARY 1, 2018..‍TAMIR AMAR WILL BE REPLACING DAVID MIZRAHI, WHO CONCLUDED HIS TERM ON DECEMBER 26, 2017​.  Full Article

Partner Communications Says Considering Issuance Of Bonds Solely In Israel Through Expansion Of Co's Series F Notes
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Partner Communications Company Ltd ::PARTNER COMMUNICATIONS- CONSIDERING ISSUANCE OF BONDS SOLELY IN ISRAEL THROUGH EXPANSION OF CO'S SERIES F NOTES IN TOTAL AMOUNT OF UP TO NIS 500 MILLION.PARTNER COMMUNICATIONS- CONSIDERING RAISING DEBT THROUGH COMMERCIAL BANK LOANS IN TOTAL AMOUNT OF NIS 250 MILLION - SEC FILING.PARTNER COMMUNICATIONS- PROCEEDS FROM ISSUANCE OF BONDS AND DEBT, WITH CASH ON HAND, TO BE USED FOR EARLY REPAYMENT OF LOANS OF ABOUT NIS 900 MILLION.PARTNER COMMUNICATIONS- REGARDING THE EARLY REPAYMENTS OF THE NIS 900 MILLION, CO TO INCUR ONE-TIME EXPENSE OF NIS 75 MILLION TO BE RECORDED MOSTLY IN Q4.  Full Article

Partner Communications says to reduce about 90 positions
Monday, 12 Dec 2016 

Partner Communications Company Ltd : Cost of 2018 economic chapter is estimated at approximately nis 23 million . Partner communications company ltd - cost of 2018 economic chapter is estimated at about nis 23 million . Partner communications co - as a result of retirement plan, estimates that onetime expense will be recorded in q4 of 2016 in amount of about nis 12 million . Agreement includes an economic chapter that is valid for years 2017 and 2018 . Company undertakes to reduce approximately 90 positions . Cost of 2017 economic chapter estimated approximately nis 7 million in addition to implementation of 2016 economic chapter . Company undertakes to reduce approximately 90 positions, mainly as part of retirement plan . Total estimated amount of expense in 2017 is expected to be higher than 2016 by about nis 17 million .Partner Communications announces it has reached understandings with the employees' representatives and the histadrut regarding the collective employment agreement.  Full Article

Israel's Cellcom swings to Q2 loss on retirement expense

TEL AVIV, Aug 16 Israel's largest mobile phone operator Cellcom moved to a loss in the second quarter due mainly to a one-time expense for the voluntary retirement of 200 employees.