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Full coverage· Economy· Updated

Partner Telecom Reports Record Profits After Strategic Shift

Partner Communications reported a 14-year record in quarterly profits following a strategic pivot to leverage competitors' infrastructure. The company saw subscriber growth and revenue increases in mobile and internet services.

2 newsrooms · 1 language · since

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Partner Telecom Reports Record Profits After Strategic Shift
Illustration by baba

What happened

  1. 01Partner Communications achieved a 14-year record in quarterly profits.
  2. 02The company shifted strategy to rely more on competitors' infrastructure.
  3. 03Subscriber growth and revenue improved in mobile and internet services.
  4. 04Partner's television division has seen a significant performance turnaround.
  5. 05The company is preparing to distribute a dividend of half a billion shekels.

Its previously underperforming television division has also seen a turnaround with improved subscriber acquisition and performance.

Translated and summarized by baba from TheMarker, the latest report. Read TheMarker’s original

The coverage

2 newsrooms on this story

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