Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last 1,548
Change Today -28.00 / -1.78%
Volume 74.9K
As of 4:46 AM 08/5/15 All times are local (Market data is delayed by at least 15 minutes).

partner communications co (PTNR) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/7/14 - $2,790
52 Week Low
06/18/15 - $850.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

partner communications co (PTNR) Related Businessweek News

No Related Businessweek News Found

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.

3,535 Employees
Last Reported Date: 05/20/15
Founded in 1997

partner communications co (PTNR) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: 1.4M
Chief Operating Officer
Total Annual Compensation: 1.5M
Vice President of Business Customer Division
Total Annual Compensation: 1.2M
Vice President of Economics & Planning, Corpo...
Total Annual Compensation: 1.1M
Compensation as of Fiscal Year 2014.

partner communications co (PTNR) Key Developments

Partner Communications Company Achieves Understandings with the Employees' Representatives and the Histadrut Regarding A Retirement Plan

Partner Communications Company reported that it has reached understandings with its employees' representatives and the Histadrut regarding a retirement plan. The company, the employees' representatives and the Histadrut New General Labor Organization, have reached understandings regarding a retirement plan that includes, among others, an increased retirement payment and range of benefits. In a release on July 17, the Company noted that this plan is a continuation of the necessary efficiency measures that the Company has initiated over the last few years. As part of the plan, the Company's management has undertaken, among others, not to present any additional demands for employee reduction plans until the resolution of the collective employment agreement, which the parties intend to complete by December 2015. As a result, the company is expected to record a onetime expense of approximately ILS 35 million in the third quarter of 2015. The final cost of the retirement plan will be determined in accordance with the number of employees who will actually retire as well as the composition of these employees.

Partner Communications Announces a New Framework Agreement for its Relationship with Orange

Partner Communications Company Ltd. announced that it has signed an agreement with Orange which creates a new framework for their relationship. The agreement provides both Partner and Orange the right to terminate the current Orange brand license agreement: If Partner does not exercise its right to terminate within 12 months, either Partner or Orange may terminate the Brand Licensing Agreement during the following 12 months. In addition, the agreement provides for total payments of €40 million to Partner from signing the agreement until completion of the market study, and an additional €50 million should the BLA be terminated within 24 months. Amounts paid to Partner shall, as set forth in the agreement, be reconciled evenly over eight quarters against marketing, sales, customer services and related expenses.

Partner Communications Company Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Cash Flow Guidance for the Second Quarter of 2015

Partner Communications Company Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of ILS 1,054 million compared to ILS 1,103 million a year ago. Operating profit was ILS 56 million compared to ILS 99 million a year ago. Adjusted EBITDA was ILS 227 million compared to ILS 274 million a year ago, primarily from the continued erosion in service revenues, partially offset by the decline in operating expenses. Profit before income tax was ILS 38 million compared to ILS 75 million a year ago. Profit for the first quarter of 2015 totaled ILS 25 million compared with ILS 24 million in the previous quarter, despite the decrease in Adjusted EBITDA, reflecting the lower finance costs, net, in the reported quarter. Cash capital expenditures in fixed assets (CAPEX payments) in the first quarter of 2015 totaled ILS 127 million compared to ILS 89 million in the previous quarter, the increase mainly reflecting payments to suppliers for fixed assets received during the second half of 2014. Free cash flow (before interest payments) in the first quarter of 2015 totaled ILS 21 million, compared with ILS 71 million in the fourth quarter of 2014. The decrease in free cash flow mainly reflected the increase in CAPEX payments together with the reduction in Adjusted EBITDA, which were partially offset by a smaller increase in working capital. Basic and diluted earnings per share was ILS 0.16 compared to ILS 0.33 a year ago. Net cash provided by operating activities was ILS 149 million compared to ILS 259 million a year ago. Acquisition of property and equipment was ILS 87 million compared to ILS 83 million a year ago. Net debt was ILS 2,581 million compared to ILS 2,849 million a year ago. Cash capital expenditure in the first quarter totaled ILS 127 million compared to ILS 89 million in the previous quarter. The increase mainly reflects payment to suppliers for fixed assets received during the second half of 2014. For the second quarter of 2015, CAPEX payments are expected to include the payment for the 4G frequencies awarded in January 2015. On an accrual basis, investments in fixed assets in the first quarter of 2015 totaled ILS 50 million, compared to ILS 145 million in the previous quarter. The company expects free cash flow in the second quarter of 2015 to be significantly lower than the free cash flow in the first quarter of the year for several reasons; among others, a one-time payment for the 4G frequencies in the amount of ILS 34 million; and the continued negative impact of the growth in working capital resulting mainly from the long-term installment plans to promote sales of equipment.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PTNR:IT 1,548.00 -28.00

PTNR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PTNR.
View Industry Companies

Industry Analysis


Industry Average

Valuation PTNR Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PARTNER COMMUNICATIONS CO, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at