Partner Communications Co Ltd reported third-quarter FY21 revenue growth of 5 percent year-on-year to $259 million. Service Revenues rose 6 percent Y/Y to $208 million, and Equipment Revenues declined 2 percent Y/Y to $ 51 million. Partner exceeded the 3 million cellular subscribers for the first time in almost a decade and continued to reduce the churn rate to the lowest level since 2011. “Partner has more than 200 thousand fiber-optic subscribers from over 660 thousand households in dozens of municipalities around the country that can connect to Partner’s fiber-optic network without delay,” CEO Avi Zvi said. “By the end of 2022, Partner expects that approximately one million households will be able to connect and enjoy Partner’s fiber-optic experience across the country,” he added. Adjusted EBITDA rose 23 percent Y/Y to $77 million. EPADS was $0.04. Partner generated $69 million in operating cash flow and held $245 million in cash …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta