Partner: over 10% of base use 3G network

1 Feb 2007

Partner Communications, the Israeli wireless network operator that uses the Orange brand name, has announced that in the year ending 31 December 2006 revenues rose by 9.4% to NIS5.6 billion (USD1.32 billion) while net income rose from NIS354 million to NIS682 million. EBITDA margin climbed from 30.6% to 33% during the year. Subscriber growth was 5.2%, with the operator reporting 2.66 million customers at the end of December of which 276,000 were connected to its 3G network. Annual churn in 2006 was 15.6%, an increase of two percentage points on the previous year, although minutes of use climbed by 17 minutes to 311 minutes, helping average monthly revenue per user climb from NIS156 to NIS158.

Israel, Partner Communications Company