Fiber optic infrastructure subscribers of Partner Fiber exceeds 150k

ROSH HA’AYIN: Partner Communications Company, a leading Israeli communications operator, announced the number of “Partner Fiber” fiber optic infrastructure subscribers exceeded 150 thousand.

Partner’s infrastructure which is wholly owned by the Company and provides home browsing at speeds of up to 1,000 Mhz, was launched in August 2017, and in less than four years, is connected to buildings which contain more than 500 thousand households (Home Connected).

Furthermore, to date, Partner’s independent fiber optic infrastructure already reaches more than 760 thousand households (Home passed) with the possibility to connect to the fiber network.

In addition, the Company wishes to update that, as of today, the number of its infrastructure-based internet subscribers (either through the wholesale market on Bezeq/Hot infrastructure or through Partner’s fiber optic infrastructure), totals more than 336 thousand.

Ms. Osnat Ronen, Chairperson of Partner’s board of directors, noted: “Partner’s Board of Directors is proud of this significant milestone that the Company has achieved. Within a short time, which included coping with the Corona virus, the Company continued to resolutely deploy and connect its independent fiber optic infrastructure throughout the country.

This is a move with national significance for the telecommunications infrastructure in Israel and a significant improvement that internet customers connected to Partner’s fiber optic infrastructure will experience.

The Company is committed to the project and will continue to deploy the fiber optics infrastructure and add more subscribers that will benefit from fast internet in Israel.”

Mr. Isaac Benbenisti, CEO of Partner, noted that: “In 2017 we announced our plans to establish a fiber optic project of national significance and today nearly half of Partner’s Internet customers are Partner Fiber customers”.

Mr. Isaac Benbenisti added that “Partner is an example of how it is possible to reach significant deployment volumes in record time and to create a real change in the quality of life and telecommunications infrastructure in Israel, in a win-win project both for the telecommunication consumers and for the Company”.

Partner Communications Company Ltd. is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services).

Partner’s ADSs are quoted on the NASDAQ Global Select Market and its shares are traded on the Tel Aviv Stock Exchange.

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