Correction of a Misprint in Partner's Year 2001 Operational and Financial Results.Business Editors and Telecommunications Writers ROSH HA'AYIN, Israel--(BUSINESS WIRE)--Jan. 29, 2002 Partner Communications Company Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PTNR, LSE LSE - Language Sensitive Editor : PCCD PCCD Pennsylvania Commission On Crime and Delinquency PCCD Peralta Community College District PCCD Progressive Cardiac Conduction Defect , TASE TASE Tel Aviv Stock Exchange TASE The All Seeing Eye TASE Tactical Air Support Element TASE Thrust Assessment Support Environment TASE Telecontrol Application Service Elements (IEC communications protocol) : PTNR), corrects typographical errors in a table attached to its operational and financial results published earlier today. The corrected summary operating data table is set forth below. On the table on page 12 of the press release made earlier today, the number of average monthly usage in the fourth quarter of 2001 per subscriber (in minutes) should read 301, and the average monthly revenue in fourth quarter of 2001 per subscriber, including in-roaming revenue should read NIS Niš or Nish (both: nēsh), city (1991 pop. 175,391), SE Serbia, on the Nišava River. An important railway and industrial center, it has industries that manufacture textiles, electronics, spirits, and locomotives. 195. Please note that all figures in the body of the press release itself reflect the correct figures.
PARTNER COMMUNICATIONS COMPANY LTD.
(An Israeli Corporation)
Summary operating data
December 31, December 31,
2000 2001
Subscribers (in thousands)................. 834 1,458
Estimated share of total Israeli mobile
telephone subscribers..................... 19% 25%
Churn rate in fourth quarter............... 1.1% 1.4%
Average monthly usage in fourth quarter
per subscriber (minutes)................... 361 301
Average monthly revenue in fourth
quarter per subscriber, including
in-roaming revenue (nominal NIS)........... 265 195
Estimated coverage of Israeli population... 97% 97%
Number of operational base stations
(in parenthesis number of micro
sites out of total number of base stations) 1355 (347) 1882 (703)
Subscriber acquisition cost in
fourth quarter per subscriber
(nominal NIS).............................. 603 426
Number of employees (full-time equivalent). 2131 2523
The Company regrets the error. About Partner Communications Partner Communications Company Ltd. was the first Global System for Mobile Communications (communications) Global System for Mobile Communications - (GSM, originally "Groupe de travail Sp?ciale pour les services Mobiles") One of the major standards for digital cellular communications, in use in over 60 countries and serving over one billion subscribers. , or GSM, mobile telephone network operator in Israel. The Company commenced full commercial operations in January 1999 under the international Orange Brand name and, through its network, provides quality of service and a range of features to 1.5 million subscribers in Israel. Partner subscribers can use roaming services in 99 countries using 222 GSM networks. The Companys ADSs are quoted on NASDAQ under the symbol PTNR and on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (LSE) under the symbol PCCD. Its shares are quoted on the Tel Aviv Stock Exchange Tel Aviv Stock Exchange Israel's only stock exchange. (TASE) under the symbol PTNR. (For further information: http://investors.partner.co.il) |
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