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Partners first quarter revenue


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Israeli mobile network operator Partner Communications has released its financial results for the three months ended 31 March 2010, posting a 13.9% year-on-year increase in net profit at ILS337 million (USD91 million), a rise the cellco attributed to a ‘significant improvement in profitability parameters’.
Israeli mobile network operator Partner Communications has released its financial results for the three months ended 31 March 2010, posting a 13.9% year-on-year increase in net profit at ILS337 million (USD91 million), a rise the cellco attributed to a ‘significant improvement in profitability parameters’.

Revenue also rose against the same period a year earlier, with Partner generating a turnover of ILS1.587 billion for the three-month period, up 12.4% against 1Q 2009, while earnings before interest, tax, depreciation and amortisation (EBITDA) reached ILS619 million, a 12.1% y-o-y rise.


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