Last $7.45 USD
Change Today -0.07 / -0.93%
Volume 11.4K
PTNR On Other Exchanges
Tel Aviv
As of 8:10 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

partner communications-adr (PTNR) Snapshot

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52 Week High
12/2/13 - $9.78
52 Week Low
09/3/13 - $6.86
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partner communications-adr (PTNR) Related Businessweek News

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partner communications-adr (PTNR) Details

Partner Communications Company Ltd., a telecommunications company, provides cellular and fixed-line telecommunication services in Israel. The company operates in two segments, Cellular Business and Fixed-Line Business Services. It offers cellular telephony services on GSM network (2G) and on UMTS/HSPA/ HSPA+ network (3G). The company also provides 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. In addition, it offers content services, including primarily voice mail, text, and multimedia messaging, as well as downloadable wireless data applications, such as ring tones, music, games, and other informational content. The company’s fixed-line services comprise Internet service provider services, including 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 comprising 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, datacards, modems, tablets and laptops, related equipment, and car kits and accessories. Partner Communications Company Ltd. distributes and markets its services and products primarily through services and sales centers, and direct sales force, as well as through dealers and retail chains under the Orange and 012 Smile brands. The company was founded in 1997 and is headquartered in Rosh Ha-ayin, Israel.

3,826 Employees
Last Reported Date: 05/14/14
Founded in 1997

partner communications-adr (PTNR) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 2.4M
Chief Financial Officer
Total Annual Compensation: 1.3M
Chief Operating Officer
Total Annual Compensation: 2.1M
Chief Information Officer and Vice President ...
Total Annual Compensation: 1.2M
Vice President of Customer Division
Total Annual Compensation: 1.2M
Compensation as of Fiscal Year 2013.

partner communications-adr (PTNR) Key Developments

Partner Communications Company Ltd. to Receive Lawsuit and Motion for the Recognition of Lawsuit as Class Action

Partner Communications Company Ltd. announced that it was served with a lawsuit and a motion for the recognition of this lawsuit as a class action, filed against Partner and against additional cellular operators and content providers on July 15, 2014 in the Tel-Aviv - Jaffa District Court. The claim alleges, inter alia, that the cellular operators, including the company, breached legal provisions and provisions of their license and thereby created a platform that lead to the customers' damages alleged in the claim. If the lawsuit is recognized as a class action the total amount claimed against all of the defendants is estimated by the plaintiff to be approximately ILS 300 million. The amount claimed against Partner is not estimated separately.

Partner Communications Company Ltd. Announces the Launch of 4G Services in Israel

Partner Communications Company Ltd. announced the launch of 4G services for the first time in Israel. As of July 15, 2014, the company will enable its customers that own handsets which support the 4G technology to benefit from advanced services based on this technology in areas in which the 4G network is already deployed, without any additional payment for these services until the completion of additional frequencies allocation by the Ministry of Communications as part of the 4G frequencies tender that was published on July 2, 2014. The allocation of the additional frequencies will enable the realization of the full 4G technology advantages. The launch of the 4G services solely on a 5 MHz frequencies bandwidth is possible following the receipt of the Ministry of Communications approval that allows the company to convert the use of 5 MHz bandwidth frequencies in the 1800 MHz spectrum, that was allocated to the company in the past for another technology, for the use of 4G technology.

Partner Communications Company Ltd. Series D Notes to Bear Interest at 0.47%

Partner Communications Company Ltd. announced that its Series D notes will bear interest at a rate of 0.470% for the period commencing on 1 July 2014 and ending on 30 September 2014. According to the company, such interest rate is based on an annual yield of short term debt issued by the State of Israel at a rate of 0.678% and the fixed annual margin for the Series D notes at a rate of 1.20%, representing a total annual interest rate of 1.878%.


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