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Last 1,018
Change Today +23.00 / 2.31%
Volume 334.0K
As of 9:54 AM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

partner communications co (PTNR) Snapshot

Previous Close
Day High
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52 Week High
05/4/14 - $3,065
52 Week Low
04/30/15 - $935.10
Market Cap
Average Volume 10 Days
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Dividend Yield

partner communications co (PTNR) Related Businessweek News

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partner communications co (PTNR) Details

Partner Communications Company Ltd. provides cellular and fixed-line telecommunication services in Israel. The company operates in two segments, Cellular Telecommunication Services and Fixed-Line Communication Services. It offers cellular telephony services on 2G, 3G, and 4G networks; and basic services, including domestic mobile calls, international dialing, roaming, voice mail, call waiting, call forwarding, caller identification, conference calling services, short message services, intelligent network services, fax transmission, mobile broadband, and other services. The company also provides content services, such as voice mail, multimedia messaging, streaming broadcast content, and downloadable wireless data applications, such as ring tones, GPS services, music, games, and other informational content. In addition, it offers Internet service provider services comprising email accounts, home WiFi networking, anti-virus and site filtering, and other value added Internet services; communications services that house Web servers and related software, and provide connectivity to the Internet for business customers; international long distance telephony services, including direct international dialing services, international and domestic pre-paid and post-paid calling cards, and call-back services to residential and business customers; fixed-line transmission and data capacity services; and voice over broadband telephony services. Further, it sells cellular handsets and modems, datacards, tablets and laptops, related equipment, and car kits and accessories, as well as digital audio visual equipment, including televisions, digital cameras, and games consoles and related equipment. The company distributes and markets its services and products primarily through services and sales centers, and direct sales force, as well as through dealers and stores under the Orange and 012 Smile brands. The company was founded in 1997 and is headquartered in Rosh Ha-ayin, Israel.

3,575 Employees
Last Reported Date: 03/11/15
Founded in 1997

partner communications co (PTNR) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 2.4M
Chief Financial Officer
Total Annual Compensation: 1.4M
Chief Operating Officer
Total Annual Compensation: 1.5M
Vice President of Legal & Regulatory Affairs,...
Total Annual Compensation: 1.2M
Vice President of Business Customer Division
Total Annual Compensation: 1.2M
Compensation as of Fiscal Year 2014.

partner communications co (PTNR) Key Developments

Partner Communications Announces Network Sharing Agreement with HOT Mobile Ltd

Partner Communications Company announced that Israeli regulators approved the company's network sharing agreement with HOT Mobile Ltd. The shared cellular network of Partner and Hot Mobile will be operated through a joint venture to optimize its shared network sites, and improve coverage and capacity.

Partner Communications Ltd. Forms Joint Venture with Hot Mobile Ltd. to Manage Their Shared Network; Partner Communications Ltd. and Hot Mobile Ltd. to Lay Off up to 55 Maintenance Employees

Partner Communications Ltd. signed an agreement with its employees, allowing it to implement its network merging agreement with HOT Mobile Ltd. As part of the agreement, dozens of employees will be fired by Partner and Hot Mobile. The joint venture will be managed by Partner VP engineering Eyal Iluz. The Histadrut (General Federation of Labor in Israel) was a party to the agreement. Partner has 115 employees maintaining its cellular network of whom 35 will be fired and the remainder will be employed by the joint venture. Hot Mobile has 70 employees maintaining its network of whom 10-20 will be let go with 50 joining the new venture.

Partner Communications Company Ltd. Approves Amendments to Provisions of its Articles of Association

Partner Communications Company Ltd. at its Extraordinary General Meeting of Shareholders held on April 2, 2015, approved the amendments to provisions of the company’s Articles of Association regarding appointment of the 'qualified Israeli director' to the company’s Board of Directors.


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