Steven Scheer
3 minute read
The logo of Partner, an Israeli communication firm, is seen on their headquarters in Rosh Ha ayin near Tel Aviv, Israel June 21, 2016. REUTERS/Amir Cohen
Israeli telecoms group Partner Communications (PTNR.TA) posted a 50% decline in first-quarter net profit and said it expected the negative impact from the coronavirus pandemic to continue in the second quarter, while its internet and TV services grow.
Partner , Israel s second-largest mobile operator, said on Wednesday it earned 5 million shekels ($1.5 million) in the January-March period, down from 10 million a year earlier when it had a one-time gain of 20 million shekels.
Revenue gained 3% to 833 million shekels, returning to pre-pandemic levels, boosted by a rapid roll-out of a fibre optics network and growth in overall internet and TV customers.
Partner Communications : Reports First quarter 2021 Results marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Partner Communications Reports Management Changes
USA - English
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Partner Communications Company Ltd. ( Partner or the Company ) (NASDAQ: PTNR) (TASE: PTNR),
a leading Israeli communications operator, reports, that following the appointment on May 12, 2021, of Mr. Avi Zvi as new CEO at the Company, Mr. Yuval Keinan, Deputy CEO of the Company, submitted his resignation to the Board of Directors. He has been with the Company five and a half years.
In addition, upon the change of CEO, VP Marketing & Customer Service Division and VP Human Resources & Administration have also informed the Company of their intention to resign after 4 and 11 years of service, respectively.
Partner Communications Reports Management Changes
USA - English
Share this article
Partner Communications Company Ltd. ( Partner or the Company ) (NASDAQ: PTNR) (TASE: PTNR),
a leading Israeli communications operator, reports, that following the appointment on May 12, 2021, of Mr. Avi Zvi as new CEO at the Company, Mr. Yuval Keinan, Deputy CEO of the Company, submitted his resignation to the Board of Directors. He has been with the Company five and a half years.
In addition, upon the change of CEO, VP Marketing & Customer Service Division and VP Human Resources & Administration have also informed the Company of their intention to resign after 4 and 11 years of service, respectively.
/PRNewswire/ Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, announces,.