Israel's Partner Communications Q2 profit up less than forecast [Reuters]
US:NASDAQ Investor Relations: partner.co.il/ir-en
Israel's Partner Communications Q2 profit up less than forecast TEL AVIV, Aug 27 (Reuters) - Partner Communications , Israel’s second-largest mobile phone operator, reported higher quarterly profit, boosted by lower tax expenses. Partner said on Tuesday it earned 3 million shekels ($855,237) in the second quarter, up from 2 million a year earlier but below 6 million shekels forecast in a Reuters poll of analysts. Revenue slipped 2% to 781 million shekels, with its cellular subscriber base unchanged in the quarter at 2.62 million. Partner’s revenue and profit have plunged in the wake of a 2012 reform that opened up the mobile market to new players, sharply reducing prices. It is seeking new revenue streams and is making a push to become an integrated multi-service telecoms group. “Despite the ongoing competition, our ARPU (average revenue per user) has increased and churn rate has decreased, and is at the lowest level since 2011,” CEO Isaac Benbenisti said. The company said it has over
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- Partner Communications Company Ltd. (PTNR) CEO Isaac Benbenisti on Q2 2020 Results - Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Partner Communications Company Ltd. 2020 Q2 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- Partner Communications Reports Second Quarter 2020 Results¹Business Wire
- Partner Communications Announces Results of Frequencies Tender Published by the Ministry of CommunicationsBusiness Wire
- Partner Communications Announces That S&P Maalot Has Reaffirmed the Company's ilA+ Credit Rating and Updated the Company's Rating Outlook to StableBusiness Wire
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- 8/20/20 - Form 6-K
- 8/18/20 - Form 6-K
- 8/13/20 - Form 6-K
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