Partner Communications decreases its net debt by 200 million shekels

By Devika Patel

Knoxville, Tenn., Nov. 23 – Partner Communications Co. Ltd. is trying to decrease its net debt and paid back about 200 million shekels in the third quarter.

“The company continued to endeavor to decrease its net debt and, as of the end of September, it stood at approximately 1.8 billion shekels, decreasing by approximately 200 million shekels in the quarter,” chief financial officer Ziv Leitman said on the company’s third quarter earnings call on Wednesday.

Partner Communications is a Rosh Ha’ayin, Israel, mobile communications operator.

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